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GM has no real interest in following Tesla and investing in bitcoin

The reflection of bitcoins in a pc onerous drive.

Thomas Trutschel | Photothek through Getty Pictures

General Motors has no plans of investing in bitcoin, however CEO Mary Barra stated the automaker will monitor buyer demand because it weighs whether or not to simply accept the cryptocurrency to pay for its providers and autos.

The feedback Wednesday observe Tesla‘s disclosure earlier this week that it bought $1.5 billion value of the cryptocurrency. The acquisition is predicted to offer Tesla liquidity within the cryptocurrency forward of plans to start out accepting it for funds “topic to relevant legal guidelines and initially on a restricted foundation,” in accordance with a submitting with the Securities and Change Fee.

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