Business

Tesla resumes accepting “probably” Bitcoin as payment: Elon Musk

Electric car maker Tesla is likely to resume accepting Bitcoin payments after conducting due diligence on the amount of renewable energy used to mine currency, CEO Elon Musk said Wednesday Said at the meeting. Bitcoin was up 8% to $ 32,160.16, while ether was up 11.6% to $ 1,993.36. Tesla shares fell 0.8% in after-hours trading to $ 655.30.

Musk’s comment at the B-word conference is less than two months after Tesla announced in May that it would stop accepting Bitcoin to buy cars, and the company began accepting payments for the world’s largest digital currency. I came to my house. “We needed a little more due diligence to make sure that renewable energy usage was likely to be above 50% and tended to increase. If so, Tesla would have to use Bitcoin. We will resume acceptance, “says Musk.

“Probably the answer is that Tesla will resume accepting Bitcoin.” The use of Bitcoin to buy Tesla’s electric cars supports Mask’s reputation as an environmentalist and cryptocurrencies. It highlighted the dichotomy between his popularity and the use of height as one of the wealthiest people in the world for.

Some Tesla investors, along with environmentalists, are becoming more and more critical of how to “mine” Bitcoin using the large amount of electricity generated by fossil fuels. However, more digital currency miners are trying to use renewable energy to mitigate their environmental impact.

“Tesla’s mission is to accelerate the emergence of sustainable energy. We can’t be the company that does it, and we can’t pay due attention to Bitcoin’s energy usage,” Musk said. Says. Musk added that he personally owns Bitcoin, Ethereum and Dogecoin, apart from the Bitcoins owned by Tesla and SpaceX.

“I might pump, but I won’t throw it away,” Musk said. “I absolutely don’t believe in selling at a higher price … I hope Bitcoin will succeed.”

Tesla resumes accepting “probably” Bitcoin as payment: Elon Musk

Source link Tesla resumes accepting “probably” Bitcoin as payment: Elon Musk

Related Articles

Back to top button