Tesla Ceases Use Of Bitcoin To Purchase Automobiles -- Source -- May 12, 2021

Link to social media here. I know nothing more nor have any additional insight except what is at the link.

Rationale: environmental issues associated with crypto mining.

First observation / comment over at social medial: Elon Musk didn't know about Bitcoin energy use until after his SNL appearance?

Let's see: how much did Bitcoin plunge today? It looks like BTC-USD dropped another 7% today and DOGE-USD also dropped about 8% today.

Google Tesla no more bitcoin.

With regard to that first observation: one can ask the same question / make the same observation about how long Warren Buffett held on to his Wells Fargo stock even after the ethical issues were raised (and confirmed).

Link here.  

Andrew Ross Sorkin weighs in. 

Prior to the Tesla announcing end of Bitcoin as means of buying a Tesla: