In a recent talk show, BBK founder and well-known investor Duan Yongping gave a clear negative answer when asked about Tesla stock investment."Musk is a great person. He has many ideas, which are indeed very advanced, but I think it is more difficult for me to invest."Duan Yongping said that the essence of his investment logic is to "be friends with company operators."
And Musk's behavior makes it difficult for him to build trust - "I don’t want to be friends with him, even if he gives me money, I won’t".
"Some things from Musk make sense, and some things make no sense. You don't know which one will come out first."
Duan Yongping also said that the business of electric vehicles will not be very good and the differentiation will be very small., Tesla has made a difference, but most of the electric car business is tough.
The Tesla case once again proves that even if the company has technological advantages, if the operator's character and industry characteristics are not in line with his investment principles, Duan Yongping will still resolutely avoid it. This determination of "doing nothing" may also be the key to making fewer mistakes in his investment career.
