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.


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

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

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

Sales increased last month for the Chinese automaker.

Tesla shares were down over 2% early Wednesday. 

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