Elon Musk, CEO of Tesla, was chosen Time magazine’s “Person of the Year” for 2021, a year that saw his electric car firm become the world’s most valuable and his rocket company soar to the edge of space with an all-civilian crew.
SpaceX CEO and co-founder Elon Musk is also the CEO of Neuralink, a brain-chip startup, and The Boring Company, an infrastructure company that builds tunnels. During this year, Tesla’s market worth surpassed the combined value of Ford Motor and General Motors, which is approximately $1 trillion.
When it comes to the supply chain, Tesla has done better than many of its rivals, while influencing many young people and established automakers alike toward electric automobiles.
This year, TIME magazine’s editor-in-chief Edward Felsenthal announced that Elon Musk has been named the 2021 Person of the Year for his work in solving an existential dilemma and demonstrating the potential and risks of a new technological era.
Charles Lindbergh, the first Person of the Year, was selected in 1927 in honor of his momentous maiden solo transatlantic aviation flight over the Atlantic. Even Elon Musk’s spacefaring experiences are a direct line from this year’s honoree.
Aside from hosting SNL on Saturday Night Live, Musk has become an internet sensation for his tweets on cryptocurrencies and joke stocks, which have led to significant price fluctuations.
A few of his tweets have previously drawn regulatory attention. A person who has “influenced the news or our lives the most, for better, or worse,” is defined as “The Person of the Year” by the magazine.
To celebrate the achievements of these three young women, Time magazine has dubbed them “Entertainer of the Year,” as well as “Athlete of the Year” (Simone Biles) and “Heroes.”
Last year, Joe Biden and Kamala Harris were named “Person of the Year” by the National Council of La Raza (NCLR). In 1927, Time started this practice. Mark Zuckerberg, CEO of Facebook, and Jeff Bezos, creator of Amazon, have previously been awarded the distinction.
