I couldn't believe how he could show that as the reason for this action. You are Elon Musk, there is no way that you didn't do a research about Bitcoin mining before investing into Bitcoin and starting to accept Bitcoin payments.
That's right, Elon just made a stupid mistake to justify his manipulation, now people know, his reputation will be destroyed in crypto. Meanwhile, have you seen a new price dump just an hour ago? I heard it's not about Elon, it's China cracking down bitcoin again.
https://fortune.com/2021/05/21/china-ban-bitcoin-price-bubble-crypto/now our enemy is Elon and China.