Important Q&A About TESLA

Q) Why did Elon Musk tweet that Tesla will not accept payments in Bitcoin?

Tesla is concerned about the environmental impacts of Bitcoin.

Q) What is Tesla doing?

Tesla is ceasing to accept payments in Bitcoin.

Q) What caused Tesla’s decision to stop purchasing Bitcoin?

Tesla’s decision to stop purchasing Bitcoin was due to concerns over the rapidly increasing use of fossil fuels for Bitcoin (price in India) mining and transaction, and hence the company was suspending vehicle purchases using the cryptocurrency.

Q) Why did Tesla suspend vehicle purchases using Bitcoin?

Tesla is concerned about the rapidly increasing use of fossil fuels for Bitcoin (price in India) mining and transaction, and hence is suspending vehicle purchases using the cryptocurrency.