I've received numerous questions across multiple platforms.
Elon is wrong but he probably is very aware he is intentionally wrong on bitcoin's energy consumption/carbon footprint since he just applied to the EPA so has to take a 'green' position.
My answer is mostly contained in a piece I wrote in October 2020:
Market Lab Report - FAQs re: Bitcoin Energy Consumption/Elon
|Published:||13 May 2021 15:34 ET|
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