Tesla Suspends Bitcoin Payments Over "Concerns About Environmental Impact"
(www.zerohedge.com)
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Elon Musk is likely doing this to stay in the good graces of the USDT, the Fed and the SEC.
Thinking a billionaire like Musk is based is a big mistake.
Nah I think it's more to poke the SEC in the eye. He hates them, and hates government rules selectively enforced on people the bureaucracy/media doesn't like.
He knows he couldn't pull this shit with public stocks*, so he boldly does it with crypto. Laughing at the SEC and daring them to regulate while he manipulates the market and makes money on the dips.
(*although he did say TSLA was overvalued, I still think that fits into his behavior pattern here)