Tesla's Strategic Move: Potential Investment in Nissan

A Japanese group, including a former prime minister, has proposed for Tesla to invest in Nissan after merger talks with Honda failed. The plan could see Tesla acquiring Nissan's U.S. plants. Despite no formal comments from involved parties, Nissan shares rose 9.6% after the report.

A prominent Japanese group, featuring influential figures such as a former prime minister, is orchestrating a strategic plan for Tesla to step into a significant role with Nissan. This development comes after the collapse of potential merger discussions with Honda Motor, according to a report by the Financial Times on Friday.

The proposal, driven by former Tesla board member Hiromichi, has received backing from ex-premier Yoshihide Suga and his former aide Hiroto Izumi. The group is optimistic about Tesla becoming a strategic investor, particularly due to Tesla's alleged interest in acquiring Nissan's U.S. plants, as per unnamed sources.

Recently, Nissan has been on the lookout for a partner from the tech sector, with its board members pushing Tesla and Apple as prime candidates. Nissan shares surged 9.6% following these revelations, although the automaker, Tesla, Apple, and Suga's office remained silent on the matter.

(With inputs from agencies.)