Key Points:
- The company has confirmed that it will not accept Bitcoins for the transaction.
- Tesla started accepting Bitcoins in late March this year.
- The new decision is taken for the environment.
There is no need of any introduction for Tesla, as the company has a huge number of fans across the globe and the company offers amazing vehicles. The company also offers a driverless vehicle and provides environmentally friendly products and the same is essential for the present scenario.
The company started to accepting Bitcoins for the transaction to purchase its new products and the new implementation happened in late March this year. After two months, the company has announced a new decision and that is surprising for everyone. The company has confirmed that it will not accept Bitcoins from now onwards to sell its any products and that means now the owners of Bitcoins cannot able to make transactions on the demand for buying new products with this particular currency medium.
Tesla has said that the new decision is taken in the concern of the environment as the processing of Bitcoin takes lots of energy and the same is not good. Well, we also accept the new decision of the company and we would like to know your thoughts about the same in the comments section below.
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