Tesla's CEO explained on Twitter that the reversal on accepting Bitcoin was prompted by concerns about the "rapidly increasing use of fossil fuels" to mine the cryptocurrency.
Typical pump and dump. You can bet he sold all his Bitcoin before he announced this. Buy it and then find a bigger sucker and so on. Has no value, no assets. produces nothing. And you have nothing to hold in your hand. Yes people have made tons of money but only because there is a fool somewhere to pay more