- By Tech
After buying $1.5 billion in Bitcoin and announcing plans to accept the cryptocurrency as payment, Tesla is doing an about face. Chief executive Elon Musk says his electric car company is suspending all purchases due to the impact Bitcoin has on Earth's climate, a move that sent the price of the crypto down as much as 17 percent. Could Musk be looking for a "greener" solution? If so, what would it be?