You can research this warning in dozens of threads since it was added a couple of years ago.
Search Results for Query: Propulsion output is limited | DJI Phantom Drone Forum
Since it has already been discussed at such great length over the years, here's a summary:
That warning appears when you exceed one or more of the safety parameters that DJI implemented with AC FW 1.6 as a fix for the debacle of AC FW 1.5.
It triggers when the software encounters conditions which would drive battery voltages too low. It then limits output.
It is
normally rapid acceleration or ascension with a depleted enough battery that leads to triggering this safety protocol. The Phantom calculates the potential to reach a critical voltage level, so it forces a slow down in propulsion.
As we all know or should now, a cold battery could trigger a low voltage situation
earlier than would a warm battery.
We don't know precisely what DJI has set as parameters or how they calculate for potential issues. Any FW from 1.6 onward will include this safety protocol.