Is There A Bitcoin ATM Inside Tesla’s Gigafactory?

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Last Updated on 13 October 2020 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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Bitcoin and Tesla are doing a weird push and pull dance this year. From being named as the most viewed investments during the first half of 2020 in the US until a suggestion that came in for Bitcoin to be split just as Tesla stock was in order to make it more attractive, the futuristic terminology of cryptocurrency and electric cars seems to go hand in hand.

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Gigafactory

This time round, a statement about possible Bitcoin ATMs in a Tesla Gigafactory (which earlier this year suffered a ransomware attack) launched a serious social media hailstorm and several (inaccurate) articles. In the end, Tesla CEO Elon Musk was called upon to set the record straight.

It all started on October 10th when Will Reeves, CEO of Fold, a Bitcoin rewards app, tweeted that he had just passed by Tesla’s Gigafactory in California and noticed that there were no less than 3 Bitcoin ATM’s in the building.

Google Maps

He attached a Google maps screenshot alongside his tweet, which of course started a whole conversation.

An unknown employee of Tesla later confirmed the story on Reddit, stating:

Hey, yup it’s real 🙂 3 traditional ATMs that we’ve upgraded to also sell bitcoin. Only open to employees (and potentially visitors when they open up for tours again).

This set off a whole bunch of articles all published over the weekend, which repeated the story and tried to prove the correlation between Tesla’s Gigafactory and the need for cryptocurrency ATMs.

In the end though, it was Tesla CEO Musk himself who replied to one of the articles (which has since been deleted), saying:

Well, forgive us for dreaming Elon.