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

Japanese business leaders are asking Tesla CEO Elon Musk to invest in Nissan after merger talks with Honda collapsed, according to the Financial Times.
The proposal is led by Hiro Mizuno and former Prime Minister Yoshihide Suga, as reported by the Financial Times.
Despite not buying Nissan's plants, Tesla's potential involvement has positively influenced Nissan's stock, which rose 11% on reports of the investment proposal.
Discussions about a potential merger between Honda and Nissan collapsed last week, as the Financial Times reported.

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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…

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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.

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