On February 21, 2025, reports emerged that a high-level Japanese group, including former Prime Minister Yoshihide Suga, is urging Tesla (TSLA.O) to become a strategic investor in Nissan (7201.T). This proposal follows the breakdown of merger discussions between Nissan and Honda (7267.T), igniting interest in Tesla's potential acquisition of Nissan's manufacturing plants in the United States. However, analysts express skepticism regarding Tesla's need for these factories, especially given the company’s existing manufacturing capacity and the anticipated decline in vehicle deliveries for 2024.
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Furthermore, Taiwan's Foxconn (2317.TW) has approached Honda with a proposal to establish a partnership that would eventually include Nissan and Mitsubishi Motors (7211.T). This initiative aims to foster collaboration among the companies to better compete with Tesla and Chinese electric vehicle manufacturers. Following the reports, Nissan shares rose by 9.6%. Despite speculation, Nissan's CEO Makoto Uchida confirmed there have been no management-level discussions with Foxconn.
In light of the shifting automotive landscape, Tesla's $36.56 billion cash reserve could provide leverage for any potential investment, though the company's appetite for investing in legacy automakers remains uncertain.
Source: reuters
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