The Honda-Nissan on-again, off-again, on-again merger is the international automotive saga that keeps on giving. Now there's another twist.

Shares of Nissan Motor Co. plunged as much as 10%, the most in three weeks, after Tesla Inc. Chief Executive Officer Elon Musk dismissed a report that he was interested in investing in the ailing carmaker.

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,

Constellation Research founder and chairman Ray Wang says a potential investment from Tesla Inc (NASDAQ: TSLA) in Japan’s Nissan Motor Co Ltd (TYO: 7201) would be a “brilliant move”. His remarks arrive shortly after reports that a powerful Japanese group is seeking a Tesla investment in Nissan after the latter failed to negotiate a merger with

Nissan’s debt rating has been reduced to junk status as the automaker faces an assortment of challenges. A Japanese group is reportedly trying to get Tesla to invest, but Elon Musk seemingly downplayed the idea.

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

Nissan shares surged 11 percent Friday after a report said a Japanese group including a former prime minister plans to ask US electric vehicle giant Tesla to invest in the automaker. "The proposal envisions a consortium of investors,

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.

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.

Nissan Motor Co. shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc. to aid the struggling carmaker.

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,

A group representing Nissan is seeking investment in the company from big players like Tesla and Apple, now that the Honda merger is dead.