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Tesla’s sales in the U.S. are gaining on BMW and other luxury car makers

Tesla Inc. domestic sales are closing in on U.S. sales of storied luxury trio Lexus, BMW and Mercedes-Benz, and have zoomed past U.S. sales for Audi and Acura, among other car brands.

That’s according to an analysis by Edmunds.com, which estimated Tesla TSLA, +2.60% U.S. sales to have reached 64,727 in the third quarter, just shy of Mercedes-Benz’s 66,542 for the quarter.

“Tesla’s sales still put them ahead of the majority of luxury makes, and with available Model 3s costing at least $49,000, Tesla’s average transaction price will actually be higher than the majority of the luxury competition,” Edmunds.com analyst Jeremy Acevedo said.

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