David Morgan: Tesla Needs Silver, Where Will Elon Musk Get It?

*This interview was filmed on April 12, 2021.

Tesla's Elon Musk has a reputation for innovation, but the company's plan to accept bitcoin as a form of payment still made headlines when it was announced last month. Could precious metals be next? In an open letter to Musk, David Morgan, publisher of the Morgan Report, suggests Tesla should consider accepting payment in silver and/or gold through the LODE Project, which works to tokenize the metals using blockchain technology. Silver guru Morgan also pointed out that Musk may want to secure Tesla's supply of silver given that the company is a commercial user of the metal.

David Morgan is a world-renown precious metals aficionado. He is the creator of TheMorganReport.com, a monthly report that covers economic news, overall financial health of the global economy, currency problems and the key reasons for investing in precious metals. A dynamic, much-in-demand speaker all over the globe, David's educational mission also makes him a prolific author, having penned Get the Skinny on Silver Investing, The Silver Manifesto and, most recently, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock.