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Japan seeks Tesla investment in Nissan, Foxconn approaches Honda: FT

Nissan's shares rose by 11% after a proposal for Tesla to invest in the automaker, led by ex-prime minister Yoshihide Suga and former board member Hiro Mizuno.
Moody's downgraded Nissan's credit rating to junk due to weak profitability and a forecasted loss exceeding $500 million this year.
The merger talks between Nissan and Honda collapsed over differing expectations, motivating Nissan to seek external investors.
Reports suggest that Japan fears losing Nissan to foreign interests, prompting the approach to Tesla for potential investment.

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Japan Today

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Nissan shares jump 11% on reported plan to seek Tesla investment

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask U.S. electric vehicle giant Tesla to invest in the automaker. The reported proposal follows the failure of Nissan's merger talks with its rival Honda, seen as a bid to…

5 hours ago·Sakado, Japan

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New York Post

Tesla boss Elon Musk urged to rescue Nissan after merger talks with Honda collapse

Japanese business leaders are reportedly urging Tesla CEO Elon Musk to step in as a strategic investor in Nissan.

16 hours ago·New York, United States

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Zero Hedge

"Fake News Strikes Again": Musk Dismisses Financial Times Report On Tesla & Nissan

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

17 hours ago·United States

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Ars Technica

Dumbest automotive rumor of the week? Tesla should buy Nissan.

A group of senior Japanese politicians thinks Tesla should save Nissan.

17 hours ago·United States

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Taipei Times

Japan group eyes Tesla investment in Nissan: report

Bringing Taiwan to the World and the World to Taiwan

17 hours ago·Taipei, Taiwan

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Reuters

+2 Reposted by 2 other sources

Japan seeks Tesla investment in Nissan, Foxconn approaches Honda, reports say

A high-level Japanese group that includes a former prime minister has drawn up plans for Tesla to invest in Nissan after the collapse of its merger talks with Honda , the Financial Times said on Friday.

18 hours ago·United Kingdom

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