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A high-profile Japanese group, including former Prime Minister Yoshihide Suga, is proposing that Tesla (NASDAQ:TSLA) invest in Nissan (OTC:NSANY) following the collapse of its merger discussions with Honda (NYSE:HMC), the Financial Times reported.
The initiative is led by former Tesla board member Hiro Mizuno and is backed by Suga and his former aide, Hiroto Izumi, according to unnamed sources. The group believes Tesla is interested in acquiring Nissan’s U.S. manufacturing plants and is positioning the EV giant as a strategic investor.
Nissan recently ended merger talks with Honda, marking a significant shift in Japan’s automotive industry. If Tesla proceeds with the investment, it could strengthen its manufacturing capacity in North America while giving Nissan a competitive edge in the EV market.
Neither Tesla, Nissan, nor Suga’s office have commented on the report.
This development comes as Tesla looks to expand its global production footprint, while Japanese automakers face increasing pressure to accelerate their EV transition.
