Tesla plans to cut the December output of its Model Y

In December, Tesla intends likely to reduce Model Y production at its Shanghai plant by more than 20%

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Reuters was unable to immediately determine the cause of the electric vehicle (EV) giant's newest production plan's December drop.

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Main reasons, China has put strong COVID-19 restrictions for consumers and enterprises

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COVID 19 restrictions slowed down local production and reduced demand across the car sector.

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When asked about the proposed cut, Tesla did not immediately answer.

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Elon Musk has said China, the company's second-largest market, was in a "recession of sorts"

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In the first four weeks of November compared to the previous year, Tesla's retail sales in China virtually doubled.

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