April 25, 2024

Elon Musk told when Tesla will start accepting bitcoin

Tesla will start accepting Bitcoin again when the majority of mining is done on renewable resources.energy sources, said the CEOby Elon Musk. Tesla began selling electric vehicles for cryptocurrency in March, but dropped it in May, pointing out concerns about the environmental impact of mining.

Musk left a comment under the article with the statementThe CEO of the financial company Sygnia and one of the richest residents of South Africa, Magda Vezhitsky, said that an investigation would have been opened against him long ago in the framework of a manipulation case if his words were directed not to the cryptocurrency market, but to any other market.

“Bitcoin volatility has come as a surprisea consequence of what I would call market manipulation on the part of Elon Musk, Vezhitska said. “If it were a listed company, the US Securities and Exchange Commission (SEC) would open an investigation and punish it severely. What we see is the manipulation of the bitcoin price by one of the most powerful people in the world. "

According to her, Musk deliberately raised the price of bitcoin with statements on Twitter, after which he liquidated a significant part of his position at the highs. Tesla CEO called Vezhicki's claims "inaccurate."

“Tesla only sold ~ 10% of its assets toconfirm the possibility of easily liquidating BTC without market fluctuations, he wrote. "When there is confirmation of acceptable (~ 50%) clean energy use by miners with a positive future trend, Tesla will again allow Bitcoin transactions."

Shortly before the publication of this message, bitcoin made a move up by more than $ 1,000, and against the background of Musk's words, it continued to rise to an intraday high of about $ 37

Before that, Musk did not write about cryptocurrencies anymore.weeks. He published the previous message on this topic on June 5. On the same day, a video attributed to the Anonymous movement was released, the authors of which condemned Musk for his influence on the bitcoin market. Along with the May announcement of the termination of accepting Bitcoin, Tesla has already announced that it intends to resume work with it, "as soon as mining switches to more sustainable energy."

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