Elon Musk could reveal launch of Tesla's model 3 on Sunday

Electric car maker Tesla Inc may have an announcement related to the release date of its first mass-market Model 3 sedan on Sunday. Tesla Chief Executive Elon Musk said there would be'News on Sunday', in reply to a tweet by Sydney-based Douglas Bailey who asked Musk to end the speculation on the Model 3 release date. Musk had said in May that Tesla was on track to begin production of the Model 3 sedan in July. Musk had said in May that Tesla was on track to begin production of the Model 3 sedan in July, but took to Twitter today to promise'News on Sunday' for the car. The car will be priced at about $35,000.