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Breaking News: Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107
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Breaking News: Barclays Turns Bearish On Coinbase Following Q1 Woes, Slashing Price Target To $107

Lamborghini Newport Beach Now Accepts Bitcoin For Vehicles

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Last Updated: October 7, 2020 11:41 am
1 min read

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Lamborghini Newport Beach Storefront

Courtesy: Lamborghini Newport Beach

This could potentially be huge news for car (and bitcoin!) enthusiasts, particularly in the Costa Mesa, California area. Lamborghini Newport Beach has announced that they are now taking bitcoin payments for their stock of vehicles.

The dealership touts that a recent client purchased a Tesla Model S electric vehicle using the cryptocurrency, certainly making this a landmark moment in the bitcoinosphere.

The base configuration Model S retails for $62,400 — or about 54.26BTC at the present exchange rate.

Tesla Model S Lamborghini Newport Beach

Telsa Model S bought with bitcoin. Courtesy: Lamborghini Newport Beach 

It’s unclear whether or not the dealership is accepting the bitcoins directly, or if they’re going through a processor like BitPay, but what is clear that the dealership has just opened up the door to a whole new clientele base — recently made bitcoin millionaires and billionaires.

[via lamborghininewportbeach.blogspot.com]

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