The Elon Musk Effect
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Questions and Answers

Which digital currency did Elon Musk recently state that Tesla will not accept as payment due to environmental concerns?

  • Dogecoin
  • Bitcoin (correct)
  • Litecoin
  • Ethereum
  • What impact did Elon Musk's tweet about Tesla not accepting Bitcoin have on the cryptocurrency market?

  • Dogecoin's price increased
  • Bitcoin's price decreased (correct)
  • Dogecoin's price decreased
  • Bitcoin's price increased
  • Which digital currency did Elon Musk mention working with developers to improve system transaction efficiency?

  • Ethereum
  • Litecoin
  • Bitcoin
  • Dogecoin (correct)
  • Which cryptocurrency did Elon Musk express more support for in his recent tweets?

    <p>Dogecoin</p> Signup and view all the answers

    Why did Elon Musk state that Tesla was suspending vehicle purchases using cryptocurrency?

    <p>Concerns about the increasing use of fossil fuels in cryptocurrency mining</p> Signup and view all the answers

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