Jun 14, 2021 29 secs
Musk announced in May that Tesla would no longer accept the cryptocurrency for car purchases, citing environmental concerns.

Elon Musk has said that Tesla will resume allowing bitcoin transactions when miners use more renewable energy.

“When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing bitcoin transactions,” Musk, the company’s CEO, said in a tweet on Sunday.

He announced in May that Tesla would no longer accept bitcoin for car purchases, citing long-brewing environmental concerns for a swift reversal in the company’s position on the cryptocurrency.

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