1st LD: Tesla's "milestone" Shanghai battery factory breaks ground

SHANGHAI, May 23 (Xinhua) -- Tesla broke ground on a mega factory in Shanghai on Thursday to manufacture its energy-storage batteries known as Megapacks, a project hailed as a "milestone" by the U.S. carmaker.

The latest move underscores Tesla's commitment to investing in the world's second-largest economy, defying the rhetoric of "decoupling" and "de-risking" from China promoted by some U.S. politicians.