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Elon Musk says Bitcoin may have already hit his benchmark on renewable energy

CryptocurrencyJul 21, 2021 05:40PM ET
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Elon Musk says Bitcoin may have already hit his benchmark on renewable energy

Tesla (NASDAQ:TSLA) CEO Elon Musk has hinted that the crypto industry is on its way toward greener future, but Tesla won’t be accepting Bitcoin payments just yet.

Speaking at "The ₿ Word" — a virtual Bitcoin (BTC) event with Twitter CEO Jack Dorsey, Ark Invest’s Cathie Wood and moderator Steve Lee from Square Crypto — Musk said that Tesla would “most likely” consider resuming crypto payments for its vehicles — a policy the CEO said the company would be stopping in May — but said he needed to exercise diligence before making a decision.

Screenshot from The ₿ Word

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Elon Musk says Bitcoin may have already hit his benchmark on renewable energy
 

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Comments (6)
Matt Brackley
Matt Brackley Jul 21, 2021 9:45PM ET
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he won't accept until price over 40 or 50k because he knows the selling will break the market and drop his btc holdings.
ZS Beck
ZS Beck Jul 21, 2021 9:31PM ET
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Time to bump the price again. I guess Musk worries about his Bitcoin holdings. 8 weeks ago Bitcoin was not using clean energy. Only took 8 weeks to turn it clean. What a turnaround.
Misael Pantaleon
Misael Pantaleon Jul 21, 2021 6:26PM ET
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This fool is cringe worthy. What has changed that bitcoin is now to his liking? Im pretty aure he accumilated some.
Ron Love
Ron Love Jul 21, 2021 6:26PM ET
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Well, China’s CCP making BTC miners flee the country like rats is the major thing.
John Ode
John Ode Jul 21, 2021 6:25PM ET
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I kinda love that guy
Misael Pantaleon
Misael Pantaleon Jul 21, 2021 6:25PM ET
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Then you’re a rat follow the pied piper. All he does is speak nonsense about crypto while his cars crash and burn.0
Chris Johnson
Chris Johnson Jul 21, 2021 6:11PM ET
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The #1 manipulator in the world... With a crowd of 54 million followers. It's dangerous IMO
CHADWICK RICHINGTON
CHADWICK RICHINGTON Jul 21, 2021 5:56PM ET
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Why would anyone trust this guy
 
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