He's a Douchbag. All of a sudden he has a moment of clarity and learns that mining consumes massive amounts of energy. Guess he didn't know that when he bought $1.5bln just a couple of months ago.
He's just using that as cover for his "Tesla will no longer accept bitcoin until mining costs are reduced" BS.
If BTC = $60k or more he would suck in all he could. Yeah, he's smart, but also a POS. Need to put his incredible ego on a Falcon Heavy and send it out past at least the limits of the Milky Way.
Need some institutional buying to come in here now and fill that huge bitcoin gap-down
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