Discussions over the deal, which last week appeared uncertain, accelerated over the weekend after the Tesla CEO wooed Twitter shareholders with financing details of his offer.
Nissan’s move is part of a push to equip nearly every new model with lidar safety technology by the end of the decade. It lets vehicles conduct high-speed emergency maneuvers on the highway without a hand on the wheel or foot on the brake.
GM, Ford battle inflation, rising interest rates as they report Q1 results
The far-reaching economic impact of the war in Ukraine, grinding supply-chain disruptions, inflation and rising U.S. interest rates all pose a threat to forecasts made by GM and Ford in January.
Reviving Datsun was a key strategy of former Nissan Chairman Carlos Ghosn. He wanted to expand into emerging markets, but sales never reached optimistic forecasts.