Tesla breaks ground on$5 billion factory in Shanghai

After four years of planning, Tesla Inc. finally broke ground on its planned $5 billion factory in the world’s biggest auto market. But the timing couldn’t be more inauspicious.
Chief Executive Officer Elon Musk and some Shanghai officials, including Mayor Ying Yong, on Monday attended a function at a site near the city kicking off construction of what would be the electric-vehicle maker’s first car-manufacturing facility outside the U.S. While the ceremony` marked a new journe