Re:Cash Squeeze at Tesla, SolarCity
by endswapper on Thursday September 01, 2016 @01:02PM
(#12406959)
Why is it poor strategy beyond liquid markets for jet fuel?
You could equally argue that is exists that way because they need to deploy extremely large amounts of capital. So, an infrastructure company in a region that is going through phenomenal, albeit temporary growth, makes a lot of sense. Once that growth levels off they could transition to higher-tech endeavors.
Yes. The only reason it exists this way is because they're both owned by the corrupt government/monarchy of Dubai.
Keep in mind that under the same umbrella you also have everything from banks to a cement company to hotels to a mineral water company. This isn't a coherent business strategy, it's just what happens when a single family rules over an entire economy and basically owns everything.