A high-level Japanese group that includes a former prime minister has drawn up plans for Tesla to invest in Nissan after the collapse of its merger talks with Honda, the Financial Times said on Friday.

Honda Motor will resume talks with Nissan Motor to form the world's fourth-biggest automaker provided Nissan CEO Makoto Uchida steps down, the Financial Times reported on Tuesday citing a person familiar with discussions.

Nissan (NSANY) is climbing 4% after The Financial Times reported that a group of prominent Japanese citizens is interested in convincing Tesla (TSLA) to invest in the troubled Japanese automaker. The Japanese Group and Its Plan The group of Japanese citizens is being led by Hiromichi Mizuno,

Hiromichi Mizuno, a former board member at Tesla Inc., denied a report by the Financial Times that he’s leading a Japanese group that aims to persuade the EV maker to invest in struggling Nissan Motor Co.

Up With Tesla Suggested. Nissan (NSANY -1.76%) stock jumped over 10% following a Financial Times report that a plan has been drawn up for Tesla (TSLA -1.71%) to inve

Elon Musk announced that Tesla Motors would not purchase Nissan. Recently, rumors circulated that the world's richest man might invest in the financially troubled Japanese giant. Following Musk's declaration,

Elon Musk has announced that Tesla Motors will not purchase Nissan. Recently, rumours were that the world's richest man would invest in the financially troubled Japanese giant. Following Musk's announcement,

Shares in the beleaguered Japanese carmaker surged on Friday despite Musk denying reports that Tesla could be a prospective investor.

Elon Musk has announced that Tesla Motors will not purchase Nissan. Recently, there were rumours that the world's richest man would invest in the financially troubled Japanese giant. Following Musk's announcement,

Japanese business leaders are reportedly urging Tesla CEO Elon Musk to step in as a strategic investor in Nissan after the company’s merger talks with rival Honda collapsed last week.

Uchida had been one of the strongest advocates within Nissan for a deal with Honda. However, relations between Uchida and his counterpart Toshihiro Mibe deteriorated as Honda became frustrated with the speed of Nissan’s restructuring and the depth of its financial troubles.