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KARMA AIMS FOR HIGH-END, HIGH-TECH INCUBATOR STATUS

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#1
Karma Automotive is also on an expansion drive to introduce its Revero GT model across the US and Canada, with a global all-electric platform expected to unroll in 2021. The stores also carry an innovative three-cylinder BMW engine boasting 535 horsepower capacity. Through its models, Karma wants to establish itself as a high-end incubator for automotive breakthroughs.
As for Tesla, its real involvement with crypto assets has been superficial. Elon Musk tweets have praised BTC and Dogecoin (DOGE), but so far, no BTC transaction for a Tesla has been reported.
BTC payments are also facing new challenges, as the US Internal Revenue Service introduced new guidelines to recognize taxable events. It is no longer possible to transfer BTC in exchange for a good or service, without recognizing taxable income.
Still, the Bitcoin network is especially suited for high-end transfers, as it often carries transactions of close to $1 billion in value, with relatively low fees.
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#2
(10-19-2019 12:42 PM)njiahderick Wrote: Karma Automotive is also on an expansion drive to introduce its Revero GT model across the US and Canada, with a global all-electric platform expected to unroll in 2021. The stores also carry an innovative three-cylinder BMW engine boasting 535 horsepower capacity. Through its models, Karma wants to establish itself as a high-end incubator for automotive breakthroughs.
As for Tesla, its real involvement with crypto assets has been superficial. Elon Musk tweets have praised BTC and Dogecoin (DOGE), but so far, no BTC transaction for a Tesla has been reported.
BTC payments are also facing new challenges, as the US Internal Revenue Service introduced new guidelines to recognize taxable events. It is no longer possible to transfer BTC in exchange for a good or service, without recognizing taxable income.
Still, the Bitcoin network is especially suited for high-end transfers, as it often carries transactions of close to $1 billion in value, with relatively low fees.

Good news
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