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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Elon Musk rebuffs claims that Tesla could invest in Nissan

Elon Musk Nissan Tesla Inc. United States Donald Trump Yoshihide Suga FT Japan Foxconn Honda
A hybrid Nissan Juke sports utility vehicle on the production line at the Nissan factory in Sunderland, UK
Nissan’s Tokyo-listed share price closed at 458.80, its highest since early January. Photograph: Bloomberg/Getty Images

Elon Musk has rebuffed the idea that Tesla could put money into the struggling carmaker Nissan, after a report that said a Japanese group was seeking its investment sent shares soaring.

Nissan’s stock market value jumped by 9.5% on Friday after claims that the former prime minister Yoshihide Suga was among those who want the US electric carmaker to become a strategic investor, possibly in exchange for Nissan’s American factories.

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