You're conflating two different events. The "have you seen their car?" comment was from an interview with Bloomberg regarding BYD, not BMW. He laughed when as

You're conflating two different events. The "have you seen their car?" comment was from an interview with Bloomberg regarding BYD, not BMW. He laughed when asked about BMW during the Q2 2013 conference call, but it was a chuckle followed by serious comments. It was only when the questioner began nervously laughing that he laughed for a significant time. Compilation video containing both events (unfortunately with music, but I don't care enough to track down the individual sources): https://www.youtube.com/watch?v=8Gt6CAswSOY https://www.youtube.com/watch?v=8Gt6CAswSOY So, the big criticism here is that… he's too forthright about competitor's products? I'm actually quite ok with that.