Tesla Stops Accepting Bitcoin Payments For Its Car Citing Environmental Reasons
This news comes just after Tesla had formally announced in late March that it had started accepting Bitcoin as a payment method along with the traditional card payment options for its vehicles. Elon Musk, Tesla CEO and founder, in a statement shared on Twitter on Wednesday, said that the company would no longer accept Bitcoin for the purchase of Tesla cars citing concerns over the increasing use of fossil fuels for Bitcoin mining....