Citing the rising value of Bitcoin amidst the pandemic, Tesla CEO Elon Musk recently announced that Tesla buyers could pay for their electric cars in Bitcoin. However, the Teslaquila-maker scrapped the idea recently due to environmental concerns related to the mining of Bitcoin. Following this announcement, the price of Bitcoin slipped quite a bit. But Musk added fuel to the fire with another tweet, sending the Bitcoin price below the $44,000-mark.
Indeed
As you can see, the tweet suggests that Tesla has “dumped” its Bitcoin holdings citing the amount of hatred Musk is getting following his previous decision to bar customers from buying Tesla cars with Bitcoins. To this, Musk replied with an “Indeed”.