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The CEO of the US electric car manufacturer Tesla, Elon Musk, stated at a conference that Tesla and SpaceX have personally invested in Bitcoin, Ethereum and Dogecoin, as well as Bitcoin investment.

Noting that there is more transition to renewable energy sources in Bitcoin mining, he explained that a group of coal power plants, especially in China, were closed.

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Musk said, “I’d like to take a little extra care to confirm that the percentage of renewable energy use is most likely 50 percent or higher, and that there is a trend towards increasing it. If so, Tesla will likely continue to accept Bitcoin.”



Elon Musk, in a post on Twitter in May, announced that Tesla has suspended the use of Bitcoin in vehicle sales, citing environmental concerns.

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Source: AA

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