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Tesla to Halt Bitcoin Payments due to ‘Environmental Concerns’

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Elon Musk says Tesla will stop accepting Bitcoin for vehicle purchases over concerns about the environmental costs of crypto mining

Elon Musk says Tesla will stop accepting Bitcoin for vehicle purchases over concerns about the environmental costs of crypto miningAutomotive company Tesla has suspended the use of bitcoin to purchase its vehicles, Chief Executive Officer Elon Musk said in a tweet on Wednesday, citing the vast amounts of electricity needed to “mine” the cryptocurrency. Tesla said they are concerned about the increasing use of fuels and non-renewable energy for transactions and mining. Musk mentioned

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