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Nissan shares surge on report Japan group may seek Tesla deal

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Elon Musk responded, "The Tesla factory IS the product. The Cybercab production line is like nothing else in the automotive industry."
Nissan's shares experienced a significant surge following a report from the Nikkei newspaper suggesting that a group of Japanese companies, including Nissan, might be considering a potential deal with Tesla. The report highlighted that the discussions are in the early stages and involve exploring ways to collaborate on electric vehicle technology and battery production. This news comes at a time when Nissan is looking to strengthen its position in the competitive electric vehicle market, and a partnership with Tesla could provide the technological edge and market access needed to achieve this goal. The market reacted positively to the possibility of such a strategic alliance, reflecting investor optimism about Nissan's future prospects in the evolving automotive industry.

Read the Full Fortune Article at:
[ https://fortune.com/2025/02/21/nissan-shares-surge-report-japan-group-may-seek-tesla-deal/ ]