Elon Musk's Tesla Adds New ATM Features in Fremont, Nevada Gigafactories Exclusive for Employees

Tesla has added new ATMs dedicated for digital currency transactions exclusive for employees in Gigafactories in Fremont and Nevada, according to a Teslarati report.

One of the machines was spotted by Twitter user Will Reeves. In a statement sent to Finbold, LibertyX confirmed that there indeed ATMs installed in the factory. "The Tesla locations have been live since August. The ATM is currently only accessible for employees," LibertyX said in the statement.

However, LibertyX clarified that the company did not install a new ATM kiosk at the Nevada site, but instead added the digital currency-selling features on three existing ATMs in the factory using the software. Aside from the Nevada site, LibertyX's website also lists a digital currency ATM in Tesla's Fremont factory, which is exclusive for its employees' use.

Meanwhile, the Liberty did not confirm whether it will install more digital currency ATMs at other Tesla factories. Currently, the Nevada and Fremont sites are test markets if the ATMs for digital currency will become popular with electric automaker employees.

Meanwhile, LibertyX has already partnered with Genmega and Hyosung, the two largest ATM manufacturers, to have its digital currency software to be preinstalled on traditional automated machines. This would allow consumers to start buying digital currencies using their debit cards from ATMs across the nation when operators activate the feature. "We have 5,000 ATMs already live and plan to roll it out at over 100,000 ATMs over the next few years," LibertyX further explained.

Read also: 2021 Tesla Model 3 EVs Includes New Wheel Designs, More Aerodynamic Feature

Elon Musk and Digital Currency

The introduction of ATMs for digital currency in Tesla Gigafactories may just be the start of the union of digital currency and the electric carmaker. If these machines become a hit, Elon Musk may also be installing Dogecoin ATMs. After all, Musk is a big fan of the technology and he even revealed owning 0.25 digital currency.

Also, in May, the billionaire was voted as the hypothetical CEO of Dogecoin, another digital currency company, which he said positively about on some occasions. Musk even was quoted saying it "might be" his number one digital currency choice of asset.

There were also rumors that Musk was the mysterious digital currency founder who goes by the name Satoshi Nakamoto, but Tesla debunked the claims. To prevent economic collapse during the 2008 financial crisis, most central banks embarked on quantitative easing programs by inflating huge amounts of money into the economy. Musk claimed the central bank's action has made digital currency look solid.

ATMs for digital currency have become increasingly popular as the most convenient alternative to banks and crypto exchanges. Currently, buying digital currency directly in ATMs is safe and comfortable while each digital currency is being sold at $11,374.

Musk's rumored relationship with crypto scammers

Back in July, Tech Times reported that Musk's account was one of the high profile Twitter accounts used by hackers to trick other users to send over $100,000 to a digital currency wallet.

In June, crypto scammers used SpaceX and Musk to steal more than $150,000 from YouTube viewers who were convinced to send digital currency to several YouTube channels, which were rebranded to fit the purpose of using old Musk's videos to show a live event and make viewers believe of channels' authenticity.

Avid Tesla fans are aware of Musk's alleged relationship with crypto scammers who continued to use his identity and companies with their ploys. Musk continues to keep his support to the crypto industry and the digital currency's structure.

Whether more ATMs for digital currency will be installed across Tesla factories depends on the success of the first two machines.

This is owned by Tech Times

Witten by CJ Robles