Will Crypto Platform TokenPay (TPAY) Partner with Elon Musk’s Tesla Motors?
Is there a possible partnership between TokenPay (TPAY) and Tesla? Well, if the indicators we’re seeing is anything to go by, maybe.
TPAY’s founder Derek Capo recently tried to engage with Elon Musk on Twitter, asking him to start giving some thought to accepting cryptocurrencies as payment options.
This is coming in the wake of a similar engagement with Litecoin Foundation that started a process that finally led to a partnership with the famed crypto’s foundation.
Derek stated that he’s interested in purchasing some vehicles from Tesla using cryptos, and that his company can help process the payments courtesy of TPAY’s crypto to fiat exchange process. He went on to state that he’s a big fan of Tesla’s cars –as evidenced from his family currently owning two of the models and him looking to get another three.
Derek said: “@elonmusk great @karaswisher interview. I want to buy a @Tesla with crypto my company can handle crypto to fiat payments etc. Family has 2 teslas 90d and 100d we want to buy 3 more. Serious inquiry, who can we talk to in finance?”
Derek told Elon that a viable partnership between TPAY and Tesla can mean a lot for the Tesla brand, and even get more crypto enthusiasts. He states there’s a possibility that the world can go from asking “when lambo?” To “when tesla?”.
“I would personally buy this one. I am shre we can chsnge from “when lambo?” To “when tesla?” He tweeted.
In the cryptocurrency community, buying a Lamborghini with cryptos is seen as an ultimate indicator that you have arrived and made a lot of money from trading cryptocurrencies. So, he feels that the partnership can get the crypto world to start talking about Tesla in the same way as they do Lambos.
Of course, Elon Musk has neither answered nor replied his tweet. And, some people are likely going to think of this as some fantasy that will probably never happen. Whatever the case, we’re guessing the world is going to have wait a little longer before this becomes a reality.
Cryptos are particularly volatile, and it’s easy to see why a company like Tesla might be hesitant to accept cryptos as payments. Already, the company has a history of selling out its cars before its even manufactured, and all its buyers do so using fiat currencies, bank payments and wire transfers.
So, taking crypto payments just might not be on its agenda for now.