Quote:
Originally Posted by Paladin1
They certainly have the resources to do it. Whether they have the will and expertise remains a huge question mark, and whether they can do it over a few years or a few decades. And stop putting DC chargers in the middle of NYC. Put them in places where people actually travel long distances - like, you know - where highway gas stations and rest stops already exist! For a reason.
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I read a very long time ago that McDonalds wasn't really primarily a fast food company, but its success was in large part to being a sophisticated real estate company. Their staff had developed the contacts and connections and expertise over decades to identify and acquire the best locations for their fast food businesses.
Based on this theory, I have doubts this new venture will succeed anytime soon. If they really wanted to succeed, they should partner with another company with an extensive real estate acquisition pipeline.