Before U-turn, Musk conveniently ignored inconvenient bitcoin truth

Musk's move may also indicate that Teslas weren't flying off the shelves as a result of accepting bitcoin payment

16 May 2021 - 00:04 By

When electric carmaker Tesla said in February it would buy $1.5bn (R21bn) worth of bitcoin and start accepting it as payment, billionaire boss Elon Musk had little to say about the cryptocurrency's wasteful energy consumption - despite the obvious inconsistency with his firm's green credentials...

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