Elon Musk: Tesla Suspends $BTC Use on EV Purchases Because It's Not Environment-Friendly, Looks for Crypto Alternative

12 May 2021, 08:05 pm
Elon Musk has recently announced that Tesla will no longer accept or trade using the cryptocurrency, Bitcoin ($BTC) because it is using coal as an energy resource to mine its coins which is not environmentally friendly. Musk explained that Tesla would not sell $BTC as well, and would look for alternatives to the coin until it uses a sustainable energy alternative.
Tesla and Clean Energy
(Photo : Mark Brake/Getty Images)
ADELAIDE, AUSTRALIA - SEPTEMBER 29: SpaceX CEO Elon Musk speaks at the International Astronautical Congress on September 29, 2017 in Adelaide, Australia. Musk detailed the long-term technical challenges that need to be solved in order to support the creation of a permanent, self-sustaining human presence on Mars.

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