A number of Tesla’s Cybertruck buyers claimed to have canceled their orders after the car maker suspended Bitcoin payments, Finbold reported.
- Customers took to Twitter to post screenshots of their cancellations, seemingly in response to the company’s latest announcement.
I thoroughly enjoyed doing this a couple weeks ago. Wish my time preference was lower so I could have done it now. pic.twitter.com/RdZzVz95jy— ☂️ LTP Capital LLC (@MdBully) May 13, 2021
- One of the posts called out Tesla for its supposedly misinformed decision, and its Chief Executive Officer Elon Musk for double standards.
- Several users have also supposedly gone on an order spree and then canceled as a way for them to express their dismay over the loss of Bitcoin payments for the vehicles.
- Musk earlier tweeted Tesla has suspended Bitcoin payments for its electric vehicles, citing concerns of fossil fuel use for mining.
Tesla & Bitcoin pic.twitter.com/YSswJmVZhP— Elon Musk (@elonmusk) May 12, 2021
- Tesla was among the first major firms to invest in the crypto space after acquiring $1.5 billion worth of Bitcoin in February.
TSLA:Nasdaq is down 1.18%.