comparemela.com

Carriage Auto News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tesla Backtracked on Accepting Bitcoin, but There Are Car Dealers That Take It

Tesla Backtracked on Accepting Bitcoin, but There Are Car Dealers That Take It Clifford Atiyeh Tesla has bought and sold a lot of the cryptocurrency bitcoin, and was also taking it in payment for EVs but suddenly stopped earlier this month. CEO Elon Musk s cited reason was that mining bitcoin is too hard on the environment; he said Tesla would not accept it for EV purchases until the production of the coin becomes more environmentally friendly. Musk claimed he wouldn t be selling off the company s own bitcoin, and it s likely at least some form of cryptocurrency will be accepted again to buy a Tesla eventually. Meanwhile, there are dealerships around the country that are accepting bitcoin now for other brands.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.