This raised questions about its profit margins among market observers.

The actions follow a nearly third drop in sales of China-built Tesla automobiles from June to July.

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It was the carmaker's first month-on-month decline since December.

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To get ready for the launch of a redesigned Model 3, Tesla temporarily halted certain production.

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In contrast to competitor BYD, July's figures were low.

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Sales increased last month for the Chinese automaker.

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Tesla shares were down over 2% early Wednesday.

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Early on, Tesla stock was down more than 2%.

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