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%

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

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

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

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

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

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

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