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Tesla not accepting Bitcoin for vehicle purchases

Posted at 7:51 AM, May 13, 2021
and last updated 2021-05-13 10:56:54-04

Tesla says it currently won't be accepting Bitcoin for vehicle purchases.

Owner Elon Musk tweeted the company is concerned about the use of fossil fuels in Bitcoin mining and transactions especially coal, which has the worst emissions of any fuel.

Thursday, the value of Bitcoin was down 11% since last week.

Musk is reportedly not selling off his bitcoin