Business
Why Elon Musk is no longer accepting cryptocurrency at Tesla – NEWS.com.au
Why Elon Musk is no longer accepting cryptocurrency at Tesla

Cryptocurrency fans have long counted Tesla boss Elon Musk as among their champions, but this week he rocked their world by questioning the future of the digital assets and sent its value tumbling with a single tweet.Musk took to Twitter yesterday to announce that his company Tesla would no longer be accepting bitcoin as a way of paying for the electric vehicles.
“We are concerned about rapidly increasing use of fossil fuels for bitcoin mining and transactions,” he said in a statement.
“Cryptocurrency…
-
Noosa News17 hours ago
How Lily Steele-Park took her rapist to court and won
-
General23 hours ago
Rush to buy homes before rate cuts send prices soaring
-
Business22 hours ago
Ford CEO makes stunning prediction about artificial intelligence
-
Business20 hours ago
5 things to watch on the ASX 200 on Tuesday 8 July 2025