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UPDATE: Tesla gets progressive with Bitcoin ATMs at factories, claims report

(Credit: Google Maps via finbold.com)

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Note: In a recent post on Twitter, CEO Elon Musk has noted that he does not believe the report of Bitcoin ATMs in Tesla’s factories is accurate.

Tesla, being as forward-thinking as ever, now has Bitcoin ATMs at the Fremont Factory and Gigafactory Nevada.

One of the Bitcoin ATMs was originally spotted by Twitter user Will Reeves. LibertyX, the company responsible for the Bitcoin ATMs, reached out to Finbold and confirmed Reeves’ sighting in an official statement.

“The Tesla locations have been live since August. The ATM is currently only accessible for employees,” LibertyX told Finbold. 

The Bitcoin ATM company also stated that it did not install a new kiosk at Gigafactory Nevada. It simply added Bitcoin-selling features via software to three ATMs in the facility that were already installed.

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A quick search through LibertyX’s website revealed that Tesla also has a Bitcoin ATM in the Fremont Factory for employees to use.

Avid Tesla supporters know the intriguing relationship Elon Musk has with cryptocurrencies and crypto scammers.

Just this past June, crypto scammers used Elon Musk and SpaceX to steal up to $150,000 from YouTube viewers. The scammers convinced viewers to send Bitcoin to several YouTube channels by hacking legitimate accounts and rebranding them to fit their purpose.

They used archived footage of Elon Musk to broadcast a live event and convince viewers the channels were authentic. Other scammers went a step further and copied Elon Musk’s Twitter account, confusing his followers.

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Despite crypto scammers using his identity and his companies’ brands for their schemes, Elon Musk remains a supporter of cryptocurrencies and an influential figure in the crypto industry, according to Cointelegraph.

He has applauded Bitcoin, in particular, for having a “brilliant” structure. The installation of two Bitcoin ATMs in two Tesla Gigafactories suggests that Musk’s stance on cryptocurrencies still holds.

The Tesla CEO might not stop at installing Bitcoin ATMs in just two Gigafactories either. LibertyX stated that it has more Bitcoin ATMs ready for installation.

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“LibertyX has partnered with the two largest ATM manufacturers (Genmega and Hyosung) to offer bitcoin software preinstalled on traditional ATMs. Once operators activate the feature, consumers can start buying bitcoin with their debit card from ATMs nationwide. We have 5,000 ATMs already live and plan to roll it out at over 100,000 ATMs over the next few years,” the company explained further.

LibertyX did not state that more of its Bitcoin ATMs would be installed at Tesla’s factories. However, it is a possibility, especially if the Bitcoin ATMs in Nevada and Fremont are popular with the employees.

If the Bitcoin ATMs do become a hit, Elon Musk may start thinking of installing Dogecoin ATMs as well. After all, Musk was briefly the CEO of Dogecoin, and the cryptocurrency’s meme origins fit perfectly with his online tendencies.

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Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

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Elon Musk confirms Tesla FSD V14.2 will see widespread rollout

Musk shared the news in a post on social media platform X.

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Credit: Whole Mars Catalog/X

Elon Musk has confirmed that Tesla will be implementing a wide rollout of Full Self-Driving (FSD) V14 with the system’s V14.2 update. Musk shared the news in a post on social media platform X. 

FSD V14.1.2 earns strong praise from testers

Musk’s comment came as a response to Tesla owner and longtime FSD tester AI DRIVR, who noted that it might be time to release Full Self-Driving to the fleet because V14.1.2 has already become very refined.

“95% of the indecisive lane changes and braking have been fixed in FSD 14.1.2. I haven’t touched my steering wheel in two days. I think it’s time, Tesla AI,” the longtime FSD tester wrote

AI DRIVR’s comment received quite a bit of support from fellow Tesla drivers, some of whom noted that the improvements that were implemented in V14.1.2 are substantial. Others also agreed that it’s time for FSD to see a wide release.

In his reply to the FSD tester, CEO Elon Musk noted that FSD V14’s wide release would happen with V14.2. “14.2 for widespread use,” Musk wrote in his reply

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Mad Max mode makes headlines

One of the key features that was introduced with FSD’s current iteration is Mad Max mode, which allows for higher speeds and more frequent lane changes than the previous “Hurry” mode. Videos and social media posts from FSD testers have shown the system deftly handling complex traffic, merging seamlessly, and maintaining an assertive but safe driving behavior with Mad Max mode engaged.

Tesla AI head Ashok Elluswamy recently noted in a post on X that Mad Max mode was built to handle congested daytime traffic, making it extremely useful for drivers who tend to find themselves in heavy roads during their daily commutes. With Musk now hinting that FSD V14.2 will go on wide release, it might only be a matter of time before the larger Tesla fleet gets to experience the notable improvements of FSD’s V14 update.

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Multiple Tesla Cybercab units spotted at Giga Texas crash test facility

The vehicles were covered, but one could easily recognize the Cybercab’s sleek lines and compact size.

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Credit: @JoeTegtmeyer/X

It appears that Tesla is ramping up its activities surrounding the development and likely initial production of the Cybercab at Giga Texas. This was, at least, hinted at in a recent drone flyover of the massive electric vehicle production facility in Austin. 

Cybercab sightings fuel speculations

As observed by longtime Giga Texas drone operator Joe Tegtmeyer, Tesla had several covered Cybercab units outside the facility’s crash testing facility at the time of his recent flyover. The vehicles were covered, but one could easily recognize the Cybercab’s sleek lines and compact size. Tegtmeyer also observed during his flyover that production of the Model Y Standard seems to be hitting its pace.

The drone operator noted that the seven covered Cybercabs might be older prototypes being decommissioned or new units awaiting crash tests. Either scenario points to a ramp-up in Cybercab activity at Giga Texas, however. “In either case, this is another datapoint indicating production is getting closer to happening,” Tegtmeyer wrote on X, highlighting that the autonomous two-seaters were quite exciting to see.

Cybercab production targets

This latest sighting follows reports of renewed Cybercab appearances at both the Fremont Factory and Giga Texas. A test unit was recently spotted driving on Giga Texas’ South River Road. Another Cybercab, seen at Tesla’s Fremont Factory, appeared to be manually driven, suggesting that the vehicle’s current prototypes may still be produced with temporary steering controls.

The Tesla Cybercab is designed to be the company’s highest-volume vehicle, with CEO Elon Musk estimating that the autonomous two-seater should see an annual production rate of about 2 million units per year. To accomplish this, Tesla will be building the Cybercab using its “Unboxed” process, which should help the vehicle’s production line achieve outputs that are more akin to consumer electronics production lines.

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Teslas in the Boring Co. Vegas Loop are about to get a big change

Elon Musk has a big update for Teslas that operate within the Boring Company’s Vegas Loop.

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the boring company's vegas loop entrance
(Credit: Sam Morris, LVCVA/Las Vegas News Bureau)

Tesla vehicles operating in the Boring Company’s Vegas Loop are about to get a big change, CEO Elon Musk said.

In Las Vegas, the Boring Company operates the Vegas Loop, an underground tunnel system that uses Teslas to drop people off at various hotspots on the strip. It’s been active for a few years now and is expanding to other resorts, hotels, and destinations.

Currently, there are stops at three resorts: Westgate, the Encore, and Resorts World. However, there will eventually be “over 100 stations and span over 68 miles of tunnel,” the Vegas Loop website says.

The Loop utilizes Tesla Model 3 and Model Y vehicles to send passengers to their desired destinations. They are currently driven using the Full Self-Driving suite, but they also have safety drivers in each vehicle to ensure safety.

Tesla Cybertruck rides are crucial for Vegas Loop expansion to airport

Tesla and the Boring Company have been working to remove drivers from the vehicles used in the Loop, but now, it appears there is a set timeline to have them out, according to CEO Elon Musk:

Musk says the Boring Co. will no longer rely on safety drivers within the Teslas for operation. Instead, Tesla will look to remove the safety drivers from the cars within the next month or two, a similar timeline for what Musk believes the Robotaxi platform will look like in Austin.

In Texas, as Robotaxi continues to operate as it has since June, there are still safety monitors within the car who sit in the passenger’s seat. They are there to ensure a safe experience for riders.

When the route takes the vehicle on the highway, safety monitors move into the driver’s seat.

However, Tesla wants to be able to remove safety monitors from its vehicles in Austin by the end of the year, Musk has said recently.

In early September, Musk said that the safety monitors are “just there for the first few months to be extra safe.” He then added that there “should be no safety driver by end of year.”

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