Tesla May Resume Accepting Bitcoin For Payment Soon, Says Elon Musk

Tesla’s owner Elon Musk announced on July 21 that the company may resume accepting Bitcoin payments once it inspects the amount of renewable energy used to mine the currency. "Most likely Tesla would resume accepting bitcoin," Musk said. Less than two months after it had started accepting bitcoin for car purchases, the electric carmaker paused in May after the method incurred some losses due to extended trading.