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May 12 - Elon Musk says Teslas can no longer be purchased with Bitcoin



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 1 month ago '15        #1
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May 12 - Elon Musk says Teslas can no longer be purchased with Bitcoin
 

 
Tesla CEO Elon Musk announced on Wednesday that Teslas can no longer be purchased with Bitcoin, citing environmental concerns.

“Tesla has suspended vehicle purchases using bitcoin,” Musk tweeted.

“We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel,” Musk added.


The company’s move to allow bitcoin to be used to buy Tesla vehicles came in March.

Buying cars using bitcoin was only allowed in the U.S. and was supposed to be extended to other countries later this year.

Tesla wants to continue using bitcoin to buy cars after “sustainable energy” starts to be used in mining.

“Tesla will not be selling any Bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy,” Musk said.
Musk has been a proponent of cryptocurrency but has previously warned people to “invest with caution.”

Musk continued his support of cryptocurrency in his post but said the environment needs to be considered.

“Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at great cost to the environment,” Musk wrote.

visit this link https://thehill.com/blogs .. d-with-bitcoin
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112 comments
 

 1 month ago '09        #2
ShadyVsEminem 
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Watch bitcoin fall of a cliff and people start destroying their GPUs because people hang on his every word
+42   

 1 month ago '17        #3
Ifeellikekobe  topics gone triple plat - Number 1 spot x2
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Oh its fossil fuels fault

+36   

 1 month ago '15        #4
People Talk  topics gone triple plat - Number 1 spot x160 OP
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 Ifeellikekobe said
Oh its fossil fuels fault

Yup
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 1 month ago '21        #5
LuxG2 
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 1 month ago '09        #6
ShadyVsEminem 
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 Ifeellikekobe said
Oh its fossil fuels fault

Virtue signalling is all the rage, Elon i imagine is a smart person(just a bit)and he knew bitcoin mining was burning through electricity like no mans business long before today, he might be running some sort of a scam or get rich(er) quick scheme


Last edited by ShadyVsEminem; 05-12-2021 at 05:37 PM..
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 1 month ago '17        #7
1Oh 
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+36   

 1 month ago '17        #8
Coffee 
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Elon is going to have a hard time pretending he's altruistic with these type of moves.
+31   

 1 month ago '06        #9
Supa mario 
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 1Oh said

Cuban has spoken fu*k Elon
+23   

 1 month ago '20        #10
Gen Anti Fruit  topics gone triple plat - Number 1 spot x7
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He out here playing games
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 1 month ago '16        #11
HugheStone 
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 1Oh said

Yeah, gold will be worthless one day.



Not as long as there are rappers
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 1 month ago '16        #12
Blunted Sultan  topics gone triple plat - Number 1 spot x6
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already knowing that the people that suck this fool off in the same breath are cursing him calling him a rich boy who doesn't know what he's talking about
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 1 month ago '04        #13
deziking  topics gone triple plat - Number 1 spot x1
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dude should just shut the fu*k up Them boring a*s cars aren't going to go no where once competition catches up.

Cali mfers already withdrawing

Roughly 20% of Electric Vehicle Owners in California Replaced Cars with Gas Ones, New Study Shows
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 1 month ago '14        #14
Bigboi781  topics gone triple plat - Number 1 spot x7
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 Coffee said
Elon is going to have a hard time pretending he's altruistic with these type of moves.
Him and Chamath are the worst with this "for the people" bs. That's why I respect Bezos, at least he's real about not giving af
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 1 month ago '14        #15
strungout  topics gone triple plat - Number 1 spot x3
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Get your bitcoin bags up now !!!!


This is a chess move
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 1 month ago '17        #16
Lite  topics gone triple plat - Number 1 spot x2
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Pumping doge and fudding bitcoin
Mans really trying to put a meme coin on top

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 1 month ago '04        #17
Claudinho69 
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money flying out of stock market and crypto....
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 1 month ago '17        #18
punchlineking  topics gone triple plat - Number 1 spot x2
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He played yall

He made 500 mill from btc now dumping sh*t and moving off it

ahahahahahahahha







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 1 month ago '05        #19
projectd06 
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Just like announcing Tesla may accept Doge as payment, the dude is smart and knows what hea doing.
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 1 month ago '05        #20
Flatbush85  topics gone triple plat - Number 1 spot x1
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Shopping time!
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 1 month ago '07        #21
Exquisit 
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 ShadyVsEminem said
Watch bitcoin fall of a cliff and people start destroying their GPUs because people hang on his every word
i really hope this happens. Bought two gfx cards late 2019/early 2020.

xfx rx 580 for $150 (on sale, originally $300) and a rx 560 from best buy for $100.


The xfx rx 580 is going for $800 used, and the rx 560 is going for $500 used, like wtf fam. I'm trying to get some better cards and anything decent is a rack and up...


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 1 month ago '04        #22
diplomat 
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 1Oh said

History tells us that gold and silver will never go away. I suggest y'all have that in physical for at least 10% of your investments.

Although, during economic collapse and famine, no one will care for them and food will be the only currency
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 1 month ago '16        #23
DonLimpio 
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Interesting
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 1 month ago '19        #24
pharoahX 
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lol what a clown. Trying to buy this dip and fu*king Voyager crashes tho wtf.
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 1 month ago '12        #25
IshAllah 
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Pardon the language, but this motherf@&*er here is really testing to see how hard he can manipulate the markets.
If you got your bag, hodl on because no one man is bigger than the collective.
This is what Bitcoin was created to combat.
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