Nissan is still looking for a partner after its merger with Honda officially fell through earlier this month, and now a potential Tesla investment is sending Nissan shares soaring.
An article in the Financial Times linking Nissan with Tesla has caused Nissan's stock to rise significantly.
The newspaper writes that the Japanese automaker may be on its way to securing investment from Tesla, and there are indications that this will put investors in a particularly positive Friday mood.
According to the Financial Times , a Japanese company has approached Tesla regarding a possible investment in Nissan.
Three sources familiar with the matter indicate that the initiative is being led by Hiro Mizuno, who previously held a position on Tesla's board of directors.
Former Japanese Prime Minister Yoshihide Suga is cited as one of those who supported the idea of a relationship with Tesla, especially after a plan for a merger between Nissan and Honda fell through.
Analysts believe that Tesla may be interested in Nissan's production facilities in the US, partly as a consequence of China's punitive tariffs.
The possibility of using existing factories could potentially be an advantage for the American automaker.
At the same time, Foxconn is still considered a potential financial partner for Nissan.
However, collaboration with the Taiwanese company is considered to be able to create challenges, as a large part of the production takes place in China, which may have an impact on the current trade situation.
Nissan has not yet commented on the information in the Financial Times article. Nor has the brand responded to Foxconn's interest.
