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Finland-Based Auto-Outlet Sells Tesla Accepting Bitcoin

While experts continue to debate the status of bitcoin – whether it is or not – a major sale involving Bitcoin has taken place in Finland. The Auto-outlet Helsinki Oy in Tampere and Vantaa sold a Tesla with the digital currency for a retail price of more than € 140,000, Bitcoin.com reported.

Helsinki Oy uses Bitcoinkaupat.com, a payment processor that connects merchants to bitcoin via BitPay. “Remove your transaction fees and accept bitcoin safely in euros”, Bitcoinkaupat website reads.

Bitcoinkaupat CEO Aleksi Vitakoski told Bitcoin.com that the Finland-based Auto-outlet is one of the company’s unique customers saying, “Auto-Outlet Helsinki Oy is definitely one of the most interesting customers of ours. It’s great to see how open-minded attitude towards innovations can produce growth in the traditional sectors.”

According to Auto-Outlet Helsinki Oy Director Miika Toivonen, any dealer can use the digital currency for sales whether luxury or lower cost vehicles.

“Even if the business is concentrated in the more expensive segment cars, bitcoins can be used to purchase cheaper premium cars”, Bitcoin.com quoted Toivonen.  He added that Auto-Outlet Helsinki Oy wants to lead the car sales market with this innovation.

“The world is changing rapidly, and we want to be ahead of the game, that’s why we started the sale of a Tesla and other electric cars years ago. In this frame of reference, it is natural that we wanted to be also the first BTC’s payments accepting car dealership here in Finland”, Toivonen added.


This, however, is not the first time that a Tesla car has been purchased using bitcoin. In December 2013, Lamborghini Newport Beach announced that it sold Model S with the digital currency.

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