The Tesla good news, which brought a great rise for the leading cryptocurrency Bitcoin (BTC), had the opposite effect again.
The world’s largest electric vehicle manufacturer’s acceptance of Bitcoin payments, under the influence of CEO Elon Musk, brought a record price at that time. In addition, Tesla announced the purchase of $ 1.5 billion worth of BTC in March.
Tesla Could Take a Step Back
Tesla’s decision to accept Bitcoin payments did not take long. Elon Musk’s war on fossil fuel-based Bitcoin mining, especially after pressure from company shareholders, ended everything.
Elon Musk emphasized that they will stop accepting Bitcoin payments after this, and the bear period in the middle of the year has begun for the BTC price.
Bitcoin price slumped below $30,000, fueled by similar bad news from China. However, the fact that more than 50% of Bitcoin mining originates from renewable energy has changed the situation, and Elon Musk also made positive statements.
Now, hopes for Tesla are blooming again. According to rumors spoken in the backstage, the fact that Bitcoin miners start working with a greener energy focus will form the basis of a new news for Tesla.
The fact that one of the mining companies in the USA and Europe has established a solar energy-oriented mining facility worth 250 million dollars is a harbinger of this. Of course, the fact that giant companies such as MasterCard take the step of accepting Bitcoin payments may also provide incentives for Tesla.