Elon Musk won't be the savior Nissan is looking for
Briefly

Nissan's stock surged 9.5% on reports that a group of Japanese investors was courting Tesla as a potential investor. However, Elon Musk quickly dismissed the notion, indicating that Tesla's unique manufacturing focus and plans for robotaxi production make such an investment unlikely. The interest in Tesla underscores Nissan's dire financial situation, marked by a recent downgrade to junk status and falling sales in China. Despite the optimism from investors, it appears that Musk's vision for Tesla diverges greatly from the needs of Nissan.
Nissan's shares surged 9.5% following reports of an approach to Tesla for investment, despite Musk quickly rejecting the idea as unrealistic for both parties.
Musk emphasized Tesla's distinct manufacturing capabilities, refuting claims of interest in Nissan's factories, underscoring that his focus lies on their own innovative products.
Read at Business Insider
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