Elon Musk in 2021 (typo in the title) in a Tweet said:
“When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.”
Since in the first place the reason they gave for abandoning it was it's environmental issues and energy use, this made sense, and he said that Tesla would start accepting it again if it clean energy use mix was 50% or higher.
BMC (Bitcoin Mining Council) found out that in Q4 2022, that number was at 58%.
It's been 2 years now and what he asked for has happened.
Do you guys think they'll start accepting Bitcoin again? Or that it would help Bitcoin if they did? It definitely hurt the prices a bit when they announced that they were ditching it, so I'm curious to see what would happen.
PS: I meant in 2021, don't know where 2019 came from.
This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.
When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.
— Elon Musk (@elonmusk) June 13, 2021
An article about the findings of BMC: