Bitcoin: What Elon Musk’s U-turn on Tesla Payments Means for Future of Crypto
The FINANCIAL — Gavin Brown is an Associate Professor in Financial Technology in the University of Liverpool’s Management School. Tesla’s relationship with cryptocurrencies has been a stop-start rollercoaster. In February, the electric vehicle manufacturer announced it had purchased US$1.5 billion (£1.1 billion) of bitcoin and planned to accept the cryptocurrency in future as a means of payment from its customers.
