Bitcoin Hits $30,000 As Elon Musk Says Tesla is “Most Likely” to Start Accepting It as a Payment Again

The electric car maker said in May it would no longer accept cryptocurrencies for purchases.SLOT

It cited concerns about the environmental impact of Bitcoin mining, which consumes a lot of electricity.

The move comes less than two months after the company began accepting the world's largest cryptocurrency as a payment.

“The most likely answer is that Tesla will accept Bitcoin again,” Musk said during the B Word cryptocurrency conference.

He also said that he examined the use of fossil fuels in Bitcoin mining: “I need a bit more due diligence to confirm that the percentage of renewable energy is most likely at or above 50%. and has a tendency to increase That number, and if so, Tesla will return to accept Bitcoin. Some Tesla investors and environmentalists have attacked Tesla's decision earlier this year to start accepting Bitcoin as a payment.