‘Expect us’: Hacktivist group Anonymous threatens Elon Musk for 'playing games' with Bitcoin

  • Anonymous also lambasted Elon Musk for “prematurely” calling himself 'Emperor of Mars', saying the Red Planet is a place where the SpaceX founder will be sending people to die.
Last month, Elon Musk, citing climate change concerns, said in a tweet that Tesla has suspended vehicle purchases using Bitcoin.
Last month, Elon Musk, citing climate change concerns, said in a tweet that Tesla has suspended vehicle purchases using Bitcoin.
Updated on Jun 06, 2021 06:48 PM IST
Copy Link
By | Edited by Kunal Gaurav, Hindustan Times, New Delhi

A decentralised international hacktivist group, Anonymous, has threatened Tesla CEO Elon Musk to “expect” them, saying the games played by the entrepreneur with crypto markets seemed to have destroyed lives. In a video posted on the Facebook page of Anonymous, the hackers said that the “carefully curated” image of Elon Musk is getting exposed, and people are “beginning to see [him] as nothing more than another narcissistic rich dude who is desperate for attention.”

WATCH | Elon Musk threatened on video by 'Anonymous' over Tesla, Bitcoin, Mars plan

“There are plenty of other companies working on space exploration and electric vehicles, you are just the only CEO who has gained a cult following through sh*tposting and trolling the world on social media,” the hacktivist group said.

According to a Forbes report, much of Tesla’s seven-quarter profit streak came from the billions of dollars it hauled in from selling carbon tax credits to makers of gasoline-powered autos that need them to meet pollution rules of the US and the European Union. The report further suggested that the electric vehicle and clean energy company based in Palo Alto, California, reported cumulative credit sales worth $4.4 billion, with $2.69 billion of that coming just since 2019.

Also Read | Tesla CEO Elon Musk loses $15.2 billion in a day after issuing warning regarding Bitcoin surge

Anonymous said that people have started learning that the vast majority of Tesla’s income doesn't actually come from selling cars but from government subsidies and selling carbon tax credits for the innovation with clean energy. “This, technically, isn't your innovation though, because you aren't actually the founder of Tesla. You simply purchased the company from two people much more intelligent than you are, Mark Eberhard and Marc Tarpenning,” they added.

The group claimed that Tesla has made more money by holding Bitcoin for a few months than they have by selling cars for years. They also suggested that it is more than likely the Bitcoins were purchased with money from government subsidies. “It is now widely believed that you have been forced to denounce your company's involvement with Bitcoin in order to keep that green government money flowing into Tesla's coffers,” Anonymous said.

Last month, Elon Musk, citing climate change concerns, said in a tweet that Tesla has suspended vehicle purchases using Bitcoin. The announcement was followed by a meltdown in the crypto market, wiping out more than billions of dollars in value from the coin’s peak market value. Anonymous said that the use of energy argument about Bitcoin mining “is a very nuanced conversation that requires a fairly complex understanding of how power grids work, and how excess energy is wasted by power companies and sought out by crypto miners.”

“This is a conversation that you have been having for over a year and were intimately aware of, but as soon as your main source of income was threatened you pretended to be clueless in an attempt to play both sides of the fence,” the hacktivist group alleged.

Also Read | Bitcoin slips after Musk tweets a broken heart emoji with Linkin Park song

Anonymous said that Elon Musk’s move to create a Bitcoin miner council was rightly seen as an attempt to centralise the industry and take it under Tesla CEO’s control. They noted that millions of retail investors were counting on their crypto gains to improve their lives, and even though they took the risk upon themselves when they invested, Musk’s tweets showed a clear disregard for the average working person.

“You may think you are the smartest person in the room, but now you have met your match. We are Anonymous! We are Legion! Expect us,” the group warned.

Anonymous also lambasted Elon Musk for “prematurely” calling himself 'Emperor of Mars', saying the Red Planet is a place where the SpaceX founder will be sending people to die.

Close Story

Less time to read?

Try Quickreads

  • Cargo containers stacked at a port in Lianyungang in China’s eastern Jiangsu province. (AFP)

    China says talks with US Treasury chief Yellen constructive, pragmatic

    Chinese vice-premier Liu He had a “constructive” dialogue with US Treasury secretary Janet Yellen on Tuesday with both sides agreeing to strengthen “macro-policy communication” and coordination, according to a statement from China. Liu expressed concern over the additional tariffs that the US had imposed on Chinese goods during the video conversation, the official Chinese statement, released by state news agency Xinhua said. The exchange was “pragmatic and frank”, the Chinese statement said.

  • The DMA will have major consequences for Google, Meta and Apple.

    European Parliament overwhelmingly ratifies landmark tech laws

    The European Parliament on Tuesday ratified landmark laws that will more closely regulate Big Tech and curb illegal content online, as the EU seeks to bring order to the internet "Wild West". "With the legislative package, the European Parliament has ushered in a new era of tech regulation," said a key backer of the laws, German MEP Andreas Schwab.

  • Investors are becoming more concerned as the latest surge in gas and fuel prices added to worries about a recession.

    Oil falls as recession fears boost demand concerns

    Oil prices slipped on Tuesday, reversing earlier gains, as concerns of a possible global recession curtailing fuel demand outweighed supply disruption fears, highlighted by an expected production cut in Norway. US West Texas Intermediate crude fell 15 cents, or 0.1%, to $108.28 a barrel, from Friday's close. There was no settlement for WTI on Monday because of the Independence Day public holiday in the United States. Supply concerns still loomed.

  • File photo of TMC MP Mahua Moitra. (HT file)

    'Never backed any film, poster': Mahua Moitra clarifies amid 'Kaali' row

    Trinamool Congress MP Mahua Moitra on Tuesday spoke out in support of Canada-based filmmaker Leena Manimekali - who is the subject of social media outrage (and FIRs by police in Delhi and Uttar Pradesh) after a poster for her new film 'Kaali' showed the goddess smoking. "You have the freedom to imagine your goddess," Moitra said at a media event. The Trinamool leader was responding to a question about her take on this controversy.

  • Finland's Foreign Minister Pekka Haavisto, left, Sweden's Foreign Minister Ann Linde, right, and NATO Secretary General Jens Stoltenberg attend a media conference after the signature of the NATO Accession Protocols for Finland and Sweden in the NATO headquarters in Brussels.

    Finland, Sweden sign protocol to join NATO but still need ratification

    NATO's 30 allies signed an accession protocol for Finland and Sweden on Tuesday to allow them to join the nuclear-armed alliance once allied parliaments ratify the decision, the most significant expansion of the alliance since the mid-1990s. "This is truly an historic moment," NATO Secretary-General Jens Stoltenberg said alongside the foreign ministers of the two countries. "With 32 nations around the table, we will be even stronger."

Story Saved
Saved Articles
My Reads
Sign out
New Delhi 0C
Tuesday, July 05, 2022