Public statements by Elon Musk on social media or through official Tesla communications

Bitcoin's Clean Energy Usage Hits 56.76%, Elon Musk May Resume Tesla Payments

Dec 28, 2024, 04:33 PM

Elon Musk has indicated that Tesla would consider resuming Bitcoin payments once the cryptocurrency's clean energy usage exceeds 50%. Recent reports confirm that Bitcoin's clean energy usage has now surpassed this threshold, reaching 56.76%. This marks a notable development, as it positions Bitcoin's sustainability higher than any other industry globally. Musk's previous statements from 2021 suggested that Tesla would restart accepting Bitcoin payments contingent upon this milestone being achieved.