Get Ready! Tesla's CEO Is About to Make a Big Announcement About the Model 3

Get ready! Tesla Inc.'s (TSLA) - Get Report CEO is about to make a big announcement about the Model 3. Elon Musk has revealed that there will be "news" about the vehicle on Sunday.

The Tesla Model 3 will be the company's cheapest car at $35,000. The actual production vehicle will be unveiled in July. The car has already been pre-ordered more than 400,000 time.

There is currently no official release date for the vehicle.

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