Elon Musk backtracks, says Tesla won’t accept bitcoin Tech Companies

Tesla CEO Elon Musk said Wednesday that the car company would no longer accept bitcoin to purchase its vehicles, citing concerns about the environmental impact of the cryptocurrency. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, […]

Elon Musk, Technoking of Tesla, orders a halt to bitcoin car payments 

Tesla CEO and self-dubbed Technoking is back-peddling on the company’s stance about bitcoin and has suspended purchases of its electric vehicles with the cryptocurrency. The change of stance, which was delivered via tweet, comes just weeks after Tesla CFO and dubbed “Master of Coin” Zach […]