06.07.2015 - Abu Dhabi Sovereign Wealth Fund Invests in US Electric Car Company Tesla Motors
The Tesla American electric car company has been given a tremendous amount of money to help fund its startup. Apparently, the move to electric cars makes a lot of sense because it helps us remove ourselves from the dependence on foreign oil. But maybe those nations that are in the Middle East are hedging their bets, as the Abu Dhabi Sovereign Wealth Fund invested heavily in its US car company Tesla electric motors. In this case, we are stimulating wealthy Arabs, yet at the same time we claim that we are removing ourselves from their dependence. Kind of silly when you think about it, and yet, we have free trade policies in the United States that allow foreign investment, and that makes sense, however with the same company gets stimulus money, it doesn’t quite make sense...............................................Full Article: Source
Print