Japan Proposes Tesla Invest in Nissan After Failed Honda Merger Talks
After its unsuccessful merger negotiations with Honda, a highlevel Japanese group, including former Prime Minister Yoshihide Suga, suggested that Tesl
After its unsuccessful merger negotiations with Honda, a highlevel Japanese group, including former Prime Minister Yoshihide Suga, suggested that Tesla invest in Nissan. There is conjecture that Tesla may buy Nissans U.S. plants in the face of possible auto tariffs from the Trump administration. The proposal, spearheaded by former Tesla board member Hiromichi Mizuno, is resisted because Tesla favours its specially built plants. Sugas office was unaware of the concept, and Mizuno denied involvement. Foxconn is promoting a fourway partnership with Honda, Nissan, and Mitsubishi to compete with Chinese EV manufacturers and Tesla. After the reports, Nissans stock jumped 9.6%, but neither Tesla nor Apple would respond, raising doubts about the viability of these relationship and investment ambitions.
Read More..
B2B Tech News | 2 months ago