According to company boss Elon Musk (49), Tesla will only accept Bitcoin as a means of payment again when the environmental balance of the digital currency improves significantly.
As a benchmark, Musk stated in a tweet on Sunday a share of renewable energy of around 50 percent in Bitcoin production. Bitcoin are created through complex arithmetic tasks on computers. Large amounts of electricity are used in this process. Environmentalists therefore criticize the digital currency as a climate killer.
Musk and Tesla had made several announcements about Bitcoin in the past few months, which caused the price of the digital currency to fluctuate.
The zigzag price hit Bitcoin
First the company announced that it had invested around 1.5 billion dollars in Bitcoin and that it would soon also be able to pay for the cars in digital currency. The possibility was actually introduced in March – and after less than two months it was put on hold again with reference to the poor Bitcoin environmental record.
This zigzag course also went hand in hand with fluctuations in the Bitcoin price. Musk denied allegations of manipulating the Bitcon course.
On the contrary, Tesla sold around ten percent of its Bitcoin holdings to prove that they could be sold without shifting the course significantly. (SDA)