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

A big electronics company wants to get into cars, and might have a deal with Nissan. The collapse of the proposed merger between Nissan and Honda opens the door for Foxconn to reenter the equation and resume its talks with Nissan.

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

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,

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 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.

Honda might be out, but several groups are looking to find a new dance partner for Nissan. After merger talks between the two automakers collapsed earlier this month, the struggling Nissan is still looking for investors.

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.

Reports of an overture towards the American electric vehicle maker come days after Nissan’s merger talks with Honda collapsed.

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