Tag Archives: tesla

Tesla is going through a bit of a slow period right now, and according to analysts of Morgan Stanley, this may be because of Elon Musk and his obsession with bitcoin. Elon Musk Is Driving Tesla Shares Down Elon Musk has gone back and forth in recent months regarding the world’s number one digital currency by market cap. The South African entrepreneur sent the currency sky high in the month of February when he decided to purchase approximately $1.5 billion worth of the...

The value of bitcoin has jumped somewhat over the past few days given that Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – has changed his tune once again on bitcoin and cryptocurrency mining. Elon Musk Wants to See More Clean Energy Use Elon Musk has taken a lot of guff in recent weeks given that he rescinded a decision to accept bitcoin payments for Tesla-based goods and services before the company even began...

Charles Hoskinson – the founder of Cardano –  stated that the project’s native cryptocurrency ADA is one of the greenest and most eco-friendly digital assets. He further opined that Tesla (TSLA) should choose it if it really cares about environmental sustainability. Tesla Should Go for Cardano (ADA) In a recent interview with Lex Fridman, Charles Hoskinson highlighted the benefits of his proof-of-stake blockchain platform Cardano. He noted that the PoS system is much better...

After Tesla stopped accepting Bitcoin as a payment method for its electric cars back in May, Elon Musk has stated that his company would resume receiving Bitcoin transactions, with one condition dependent on the energy consumption. Exactly one month following Tesla’s announcement of halting bitcoin payments, Elon Musk has said on Sunday that the electric vehicle manufacturer will resume allowing BTC transactions. However, there’s one condition: at least 50% of the energy used...

A group of protestors calling themselves “Stopelon” gathered outside the Tesla processing factory in northern California earlier in the week to voice their anger at Elon Musk and his continued antics in the world of cryptocurrency. Elon Musk Faces More Anger Elon Musk has recently been deemed one of the most disliked figures in the digital currency scene. While at one point, the South African entrepreneur proved himself one of the strongest and most influential figures...

Elon Musk was pressured by Tesla’s shareholders to drop bitcoin as a payment instrument for the company’s services, believes Kevin O’Leary. The prominent investor and Shark Tank co-host further outlined BTC’s ESG concerns that have to be resolved before any other large corporation or institution enters the space. What Happened Between Tesla and Bitcoin? Tesla and its CEO rattled the crypto world last month when the EV-maker decided to disable bitcoin payments for its products...

Crypto hedge fund manager Kevin Kang is not too happy with Elon Musk as of late. Kevin Kang Wishes Elon Musk Would Lighten Up The South African entrepreneur is known for his quick action on Twitter and other social media platforms regarding bitcoin and cryptocurrencies. As the leader of billion-dollar companies such as SpaceX and Tesla, Musk – in many ways – has had a lot of positive influence in the space. His purchase of more than $1.5 billion worth of bitcoin last...

Bitcoin Nodes im Weltall? Die Verlagerung von Blockchain-Technologie ins Weltall soll die Technologie weniger anfällig gegen terrestrische Einflüsse machen. Spacechain und SpaceX schiessen zwei Blockchain-Nodes ins All. Der erste Node ist bereits am 3. Juni in den Weltraum transportiert worden und der zweite Node soll am 24. Juni folgen. Die beiden Blockchain-Knoten sollen...

The story between Dogecoin and Tesla has a new, somewhat unexpected development coming from Europe. A German taxi company that has only Tesla cars has enabled its customers to use DOGE to pay for their rides. CryptoPotato reached out to the firm, called Tesla Taxi Aschaffenburg, to check out why it went that doggy road, what’s the endgame, and are people actually using the meme coin as a payment method. Use Dogecoin to Pay for Tesla Taxis in Germany The Germany-based taxi...

Elon Musk is not as popular as he used to be. In fact, according to a new study, Musk is just about the most hated man right about now amongst crypto fans. Is Elon Musk the Most Hated Man in Crypto? The study was conducted by an analysis firm known as Awario. The enterprise has been monitoring the South African entrepreneur’s bitcoin tweets since late last year and has been studying how many people post negative and positive sentiment regarding his decisions and ideas....