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Cryptocurrency and Tesla: Recent Developments

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Cryptocurrency and Tesla: Recent Developments

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Questions and Answers

Tesla CEO Elon Musk tweeted that the company would not accept payments in ____.

Bitcoin

Dogecoin, a cryptocurrency created by Musk's company Tesla, rallied by about ____ percent following the tweets.

Some Twitter users welcomed Musk's statement, while others saw it as a sign that ____ was not going to replace traditional currencies.

Bitcoin

Study Notes

Tesla CEO Elon Musk tweeted that the company would not accept payments in Bitcoin because of environmental concerns.
This caused a decline in the value of Bitcoin, but the cryptocurrency has since stabilized.
Some Twitter users welcomed Musk's statement, while others saw it as a sign that Bitcoin was not going to replace traditional currencies.
Dogecoin, a cryptocurrency created by Musk's company Tesla, rallied by about 20 percent following the tweets.

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Description

Test your knowledge of recent events involving Tesla, Elon Musk, Bitcoin, and Dogecoin. Learn about the impact of Musk's tweets on cryptocurrency values and public opinion.