We look at Tesla, Inc.'s Shanghai Megapack factory and how it fuels nonlinear growth. Read more on TSLA stock and why we're upgrading it.

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

After nine months of construction, Tesla's Megapack battery factory in Shanghai went into operation on February 11, with significant importance for both the US-based electric carmaker and China's massive energy storage industry. The launch of the new plant was a bright spot in a week of woes for Tesla.

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.

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

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

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 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,

Tesla (NASDAQ: TSLA) has officially started production at its Shanghai battery megafactory, dedicated to manufacturing its high-capacity Megapack energy storage systems, according to Chinas state news agency,