Olivia
February 21, Friday, Tokyo: A high-level group in Japan is reportedly planning to approach Tesla with a proposal to invest in Nissan, the struggling automaker, following the collapse of its merger with Honda earlier this month. The group, which includes Tesla board member Hiro Mizuno, former Japanese Prime Minister Yoshihide Suga, and his former aide Hiroto Izumi, has crafted the plan and intends to present it to Tesla, according to sources cited by the Financial Times.
This initiative seeks to create a consortium led by Tesla, with the possibility of involving Taiwan’s Foxconn, a key Apple supplier, to acquire a minority stake in Nissan. The move comes as Nissan faces ongoing challenges, and the proposed investment could provide a much-needed lifeline for the Japanese automaker.
Tesla’s interest in Nissan appears to be partly driven by a desire to gain access to Nissan’s American manufacturing plants. According to the Financial Times, the group believes Tesla sees value in acquiring these U.S. facilities, particularly as former President Donald Trump prepares to implement tariffs on auto imports into the U.S. Expanding its domestic manufacturing base could be a strategic advantage for Tesla in the face of these tariffs, the report suggested.
Following the release of the report, Nissan’s shares saw a notable surge, closing 9.5% higher in Tokyo trading. However, it is important to note that the details of the proposal have not been independently confirmed, and the companies involved—Tesla, Nissan, and Foxconn—did not respond immediately to requests for comment.
This potential partnership could signal a significant shift in the global automotive landscape, as Tesla continues to expand its influence in the industry. The outcome of this proposed investment remains uncertain, but it underscores the growing interest in strategic alliances between automakers in the face of global market challenges.
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