On November 12, 2025, Duan Yongping, the visionary founder of BBK and a seasoned investor with a keen eye for the market, shared his candid views on a popular talk - show. While he readily acknowledges Elon Musk's exceptional brilliance and groundbreaking ideas, Duan Yongping has a strong personal aversion to Musk's character.

In his perspective, investing is akin to forging a deep - seated friendship. Just as one wouldn't want to befriend someone whose personality doesn't sit well with them, Duan Yongping firmly states that he has no desire to establish a "friendship" (in the form of investment) with Musk. He went so far as to say that even if he were offered money to invest in Tesla, he would turn it down flat.

Duan Yongping also weighed in on the electric vehicle (EV) industry. He described the EV business as an uphill battle, where true product differentiation is hard to come by. Although Tesla has managed to carve out a unique position for itself, Duan Yongping holds a rather pessimistic view of the overall industry. He predicts that most electric vehicle companies will ultimately face bankruptcy.