Tesla No Longer Accepting Bitcoin As Payment

Tesla No Longer Accepting Bitcoin As Payment

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Interactive Video

Business, Architecture

University

Hard

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Tesla initially allowed customers to use cryptocurrency for purchases, following a decision by CEO Elon Musk. However, Bitcoin's value dropped by over 10% after Musk cited environmental concerns. Critics, including some Tesla investors and environmentalists, have raised issues about the significant electricity consumption required for Bitcoin mining.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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