Tesla opens $200m battery factory in China despite trade war tensions - Tesla opens first energy storage gigafactory outside the US

The opening of the $200 million Megapack battery plant in Shanghai highlights Elon Musk’s unusual position as Tesla CEO and Trump administration adviser.

Tesla's battery megafactory in Shanghai, for manufacturing its megapack batteries, has launched production on Tuesday, Chinese official news agency Xinhua said.

By Alimat Aliyeva Tesla's newest battery factory in Shanghai, which will produce Megapack batteries, officially began p

Storyline Tesla's Megafactory in Shanghai begins production of Megapack batteries (Voice_over) Tesla's new Megafactory, which produces energy storage products, officially went into production. The Shanghai facility is Tesla's first Megafactory outside the United States and marks another major investment in China following the Gigafactory Shanghai car manufacturing plant.

US electric vehicle maker Tesla’s Megapack battery plant began production on Tuesday. Tesla’s Shanghai mega-factory in the Ling-gang Special Area started its operations with an opening ceremony, according to Tesla, which is owned by US billionaire and advisor to the US government Elon Musk.

Tesla officially began the construction of the Shanghai megafactory in May, taking less than a year from the start of construction to commencing production.

Tesla (TSLA, Financial) shares fell 4% this today's morning even as the company announced a milestone at its new Megafactory in Shanghai. The facility, Tesla's second Megafactory, has begun producing its first Megapack,

Tesla Shanghai energy storage Megafactory launches production on February 11. Photo: courtesy of Tesla. Tesla held a ceremony on Tuesday to mark the production launch of its Megapack energy storage plant in Shanghai’s Lingang New Area,