Goldman Sachs expects China's GDP to grow by 7.8% in 2021. It's less than expected. Economists say this is due to tighter energy growth restrictions, which are affected by regulatory pressures to meet environmental targets for energy consumption and energy intensity. The Asian country's long-term goal is to become carbon neutral by 2060. This environmental goal has triggered national and local plans to reduce coal production and other heavy carbon processes.

The measures have an impact on large companies in China. Tesla and Apple suspended production after China introduced strict rules on energy consumption. Not only is the state facing a serious development catastrophe called Evergrande in these weeks, when the economy has slowed, but the weakening will also bring tightening regulations.

Efforts to meet environmental targets have caused energy shortages across China, which has discontinued production in factories and in companies that supply Apple and Tesla, Reuters reported.

Performance of Tesla over 5 years (Source: Investing.com)