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Tesla stops accepting Bitcoin for car purchases as Elon cites energy concerns

Tesla has ceased accepting Bitcoin as a payment method for its cars, only a couple months after starting to offer the payment method. Elon cites concerns around the Bitcoin network’s energy consumption as the primary concern driving the decision.

Tesla & Bitcoin pic.twitter.com/YSswJmVZhP— Elon Musk (@elonmusk) May 12, 2021
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