Tesla and bitcoin mining…a loaded topic. With Tesla reversing its decision to stop accepting bitcoin as payment due to environmental concerns from bitcoin mining, we’re going to take a much closer look at the data when it comes to bitcoin mining and energy use.
We’ll also cover the potential reasons Elons and co. decided to make this abrupt decision, and how this could actually be a very bullish situation for Tesla, bitcoin and the sustainable energy movement in the long-term.
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00:00 – Framing the Conversation
1:14 – Tesla and Bitcoin
1:49 – What the Data Says
9:51 – ARK Invest’s Solution
10:49 – The Truth
11:55 – Why Did Tesla Backtrack?
12:59 – Why ADA Is at ATH’s
13:31 – A Michael Saylor Clip
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Topics covered:
Tesla and bitcoin
Tesla bitcoin mining
Why Tesla stopped accepting bitcoin as payment
Tesla bitcoin
Bitcoin mining energy use
Bitcoin mining renewable energy
The future of Tesla and bitcoin
What’s next for Tesla and bitcoin
Tesla stock
TSLA stock