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What Elon Musk Says About Sighting of a Bitcoin ATM at Tesla Gigafactory in Nevada

Solomon Odunayo October 12, 2020 2 min read
Elon Musk’s Tesla Acquires $1,500,000,000 Worth of Bitcoin (BTC)

Elon Musk, the famous founder and CEO of Tesla, has recently cast doubt on a claim that says a Bitcoin ATM was sighted at the Tesla Gigafactory in Nevada.


trade now

Recall that the Bitcoin ATM was claimed to have been sighted by a crypto user identified on Twitter as Will Reeves. About two days ago, he shared this, “just passed by and saw Elon Musk has a bitcoin ATM at the Gigafactory.”

In the tweet that has since been deleted, the user captioned a Google map image that pointed to the location of the particular ATM. The map showed that it’s located on the northern side of the large factory complex.

Read Also: Elon Musk Says Dogecoin (DOGE) Is Inevitably the Standard of Global Financial System

As a corroboration to Will Reeves’ report, Finbold stated that the ATM was purposely installed for the employees of the factory by LibertyX in August 2020.

Elon Musk Says It Seems Not Accurate

In response to the tweet a few hours ago, the founder and CEO of Tesla, Elon Musk tweeted, “I don’t think this is accurate”. As aforementioned, Will Reeves has since deleted the tweet.

In an attempt to get the real fact from Tesla, CoinDesk reportedly reached out to the car manufacturing company but has not received any reply.

LibertyX Confirms the Existence of the Bitcoin ATM

According to CoinDesk, LibertyX, a Bitcoin ATM operator, confirmed Reeves’ report via a direct message that says “We have enabled 3 traditional ATMs inside so employees can use their debit cards and buy bitcoin.”

Read Also: New York-based Investment Firm Foresees $5 Trillion Market Cap for Bitcoin (BTC)

As of the time of writing, LibertyX now claims to own 5,000 cryptocurrency ATMs across the United States, including a Bitcoin buying service in relatively 20,000 stores.

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