Tesla boss Elon Musk urged to rescue Nissan after merger talks with Honda collapse
1. Japanese leaders urge Tesla to invest in Nissan US plants. Merger talks with Honda collapsed. 2. Tesla CEO Musk denies buying Nissan plants. He emphasizes Tesla’s production advantages. 3. Nissan shares rose nearly 5% amid management and production struggles. Moody’s downgraded its credit to junk. 4. Nissan faces job cuts and 20% global capacity reduction. US plants operate below full potential. 5. Speculation mounts over foreign takeovers via Foxconn and activist investors. Merger conditions may force leadership change.