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Musk decries bitcoin's 'insane' energy use after Tesla payment U-turn

By Hyunjoo Jin and Subrat Patnaik

May 14 2021 6:47AM

Doubles down on sudden rejection.

Musk decries bitcoin's 'insane' energy use after Tesla payment U-turn

Tesla boss Elon Musk on Thursday denounced the "insane" amount of energy used to produce bitcoin, doubling down on his sudden rejection of the cryptocurrency as a means of payment over environmental concerns. Musk, one of bitcoin's most ardent backers, tweeted a graph of ...

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