TechFlow news — Tesla CEO Musk posted an image tweet stating that, considering the sharp increase in oil and coal energy consumption caused by Bitcoin mining, Tesla has stopped using Bitcoin to pay for car purchases. Cryptocurrencies are a good idea in many ways, and Tesla remains optimistic about their future, but this cannot come at the expense of the environment. Finally, Tesla stated it will not sell any of its Bitcoin holdings and will look into other cryptocurrencies with lower energy consumption than Bitcoin.
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