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Tesla's Musk reverses course on taking bitcoin

By Hyunjoo Jin and Kanishka Singh

May 13 2021 11:30AM

Citing climate concerns.

Tesla's Musk reverses course on taking bitcoin

Tesla has suspended the use of bitcoin to purchase its vehicles because of climate concerns, chief executive officer Elon Musk said in a tweet, reversing the company's stance in the face of an outcry from some environmentalists and investors. Bitcoin, the world's biggest digital ...

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