Tesla has suspended vehicle purchases using Bitcoin. We are concerned about the rapidly increasing use of fossil fuels for Bitcoin Mining and transactions, especially coal, which has the worst emissions of any fuel. Cryptocurrency is a good idea on many levels and we believe it has a promising future, but this cannot come at a great cost to the environment. Tesla will not be selling any Bitcoin and Awesome Oilfield Dad Shirt as soon as mining transitions to more sustainable energy. We are also looking at other Cryptocurrencies that use <1% of Bitcoin’s energy/transaction. Eventually, the people will turn on him once they’ve had enough of his shit. Using government-funded projects not to make cities better but to test shit for his own projects for free.
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Pumping and dumping coins using his celebrity. Lying about inventing anything other than a door and fuel cap. Union busting manipulating Tesla stocks pre-buyback. Not caring about everyone having an electric car…just having a Tesla hence the aforementioned fuel cap design…think apple chargers….lying about donating ventilators and instead donating respirators that make small Awesome Oilfield Dad Shirt. His price manipulation has been extremely transparent this year. Remember a little while ago when he tweeted “hmm, bitcoin is looking pretty expensive right now.” What would his motivation be for tweeting that? If you don’t think he loaded up on the dip that came afterward, you’re naive. He’s transparently manipulating cryptos to make millions, and he’s getting away with it. This will bring regulation eventually. The issue is the SEC nor the justice dept can do anything about it. Because crypto isn’t recognized as a security.
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