Prices for the Model 3 sedan have fallen by $1,600 to $3,100, depending on the variant,

and now range from $63,900 for a RWD to $89,900 for the Performance,

excluding on-road charges and the Luxury Car Tax.

According to Tesla's public website,

the standard-range rear-drive Model 3

is now available at $63,900 as opposed to $65,500.

Tesla has repeatedly asserted that the Model Y's production

that Elon Musk promised more than five years ago.