{"id":5567,"date":"2021-05-17T10:02:31","date_gmt":"2021-05-17T14:02:31","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=5567"},"modified":"2021-08-03T11:14:35","modified_gmt":"2021-08-03T15:14:35","slug":"tesla-investors-happy-with-musks-recent-stance-on-bitcoin","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/tesla-investors-happy-with-musks-recent-stance-on-bitcoin\/","title":{"rendered":"Tesla Investors Happy With Musk\u2019s Recent Stance On Bitcoin"},"content":{"rendered":"\n<p>Tesla investors have expressed their satisfaction with CEO Elon Musk&#8217;s recent decision to stop accepting bitcoin as a means of payment.<\/p>\n\n\n\n<p>Last week, Musk said in an update on Twitter that Tesla will not use the cryptocurrency as a way of payment because of the environmental impacts involved in mining bitcoin.<\/p>\n\n\n\n<p>The company said it would use its bitcoin as soon as the cryptocurrency shifts to more sustainable energy.<\/p>\n\n\n\n<p>Reuters found that more than a half-dozen Tesla investors revealed they were pleased with Musk&#8217;s decision on bitcoin.<\/p>\n\n\n\n<p>Peter Branner, Chief Investment Officer of APG Asset Management, who is also a Tesla investor, says: &#8220;Energy waste should be avoided, regardless of its color. And Tesla should concentrate on its core business.&#8221;<\/p>\n\n\n<p>For more information, read the <a href=\"https:\/\/www.reuters.com\/technology\/musks-bitcoin-turnaround-pleases-some-tesla-investors-2021-05-14\/\" target=\"_blank\" rel=\"noopener\">original story<\/a> in Reuters.<\/p>","protected":false},"excerpt":{"rendered":"<p>Tesla investors have expressed their satisfaction with CEO Elon Musk&#8217;s recent decision to stop accepting bitcoin as a means of payment. Last week, Musk said in an update on Twitter that Tesla will not use the cryptocurrency as a way of payment because of the environmental impacts involved in mining bitcoin. The company said it [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[125],"class_list":["post-5567","post","type-post","status-publish","format-standard","hentry","category-todays-news","tag-tesla"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/5567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=5567"}],"version-history":[{"count":4,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/5567\/revisions"}],"predecessor-version":[{"id":5629,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/5567\/revisions\/5629"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=5567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=5567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=5567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}