© Reuters. FILE PHOTO: A Tesla car is seen in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson/File Photo
(Reuters) – Tesla Inc’s Elon Musk tweeted on Sunday that the company will resume allowing bitcoin transactions when there is confirmation of reasonable clean energy usage by miners.
“Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market,” he said in the tweet https://twitter.com/elonmusk/status/1404132183254523905. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing transactions.”
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