Shares of Tesla, Inc.<br />TSLA+ Free Alerts<br />fell sharply in premarket trading on Wednesday, underperforming the broader market, which is priming for a flattish to slightly higher open.<br /><br />The stock has closed lower in each of the past three sessions.<br /><br />After aggressively cutting prices for its Model S and X vehicles in China earlier this week, Tesla announced Wednesday as much 6.9% reduction in prices for inventory Model S and X vehicles in China.
