2nd LD: Tesla's "milestone" Shanghai battery factory breaks ground

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

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 ratcheted up by some U.S. politicians.