Tesla has its first-ever cryptocurrency exchange, Jeep forum
Tesla has been experimenting with cryptocurrencies in recent months, and it seems to be making a name for itself in the cryptocurrency space.
The electric car company has a virtual trading platform called Jeep Exchange, and now the company is offering to sell shares of its stock in the company for cryptocurrency, as well.
Tesla says the cryptocurrency is “the first of its kind,” and it will be a “real asset class,” according to Tesla CEO Elon Musk.
Jeep is currently in beta, and the company has not announced when it will open to the public, but it will eventually become a publicly traded company.
Elon Musk says the company hopes to “have the market for shares of Tesla’s stock in place within the next six months.”
The company also says it is “working with other blockchain companies” to create “the world’s first cryptocurrency exchange platform,” so that users can buy Tesla shares without trading on an exchange.
Elon’s statement is in the form of a Q&A, and Tesla has not released the transcript, but we can infer that the company’s CEO wants to get people to think about cryptocurrencies.
Elon says Tesla is “looking to create a real asset class that can be traded in a safe, secure way without any risk of theft or fraud.”
We asked Tesla about the companys plans for cryptocurrencies in a follow-up interview.
Tesla CEO’s Q&A: “We want to see the cryptocurrency industry grow and expand in the United States and globally,” Musk says in the Q&abtion.
“We believe in it and we believe in the future of it.
“It will be very interesting to see where we are at that point. “
It’s been interesting to hear from the various blockchain startups that are doing things and what they are working on. “
It will be very interesting to see where we are at that point.
Tesla says it has “no plans” to expand its Bitcoin-like cryptocurrency exchange in the near future. “
What I think that we need, I think we need in order to move forward, we want to do something very similar to what Ripple is doing in terms of a decentralized payments network, which is using blockchain technology and is really going to revolutionize finance.”
Tesla says it has “no plans” to expand its Bitcoin-like cryptocurrency exchange in the near future.
We’ll have to wait and see if Elon Musk’s promise of a cryptocurrency exchange market is still on the cards, and if Tesla’s plans for Jeep are anything like those of other blockchain startups.
Tesla’s cryptocurrency-backed shares will be listed on Jeep’s stock exchange for trading at a $1 per share price.
Elon, in his Q&a, talks about how “there are a lot of things going on” with Tesla and how the company can help drive “growth and development in the next five to ten years.”
Elon also discusses the future in terms related to the electric car maker and Tesla’s investments in the electric vehicle industry.
“The reason that we are building an electric vehicle company in the U.S. is because we want it to become a global industry,” Elon says.
“Because in China, if you look at the amount of electric cars that are sold, it’s like 60% of them are sold in China.”
The Elon Musk interview is available for watching below: