Elon Musk, CEO of Tesla, was named “Person of the Year” 2021 by the magazine Time, a year in which his electric vehicle company became the world’s most valuable carmaker and his rocket company reached the edge of space with an all-civilian crew.

Musk is also the founder and CEO of SpaceX and runs the brain chip company Neuralink and the infrastructure The Boring Company. Tesla’s market value soared to more than a trillion dollars this year, which makes it more valuable than Ford and General Motors put together.

Tesla produces hundreds of thousands of cars a year and has managed to avoid supply chain problems better than many of its rivals, while pushing many young consumers to switch to electric cars and traditional vehicle manufacturers to focus on the electric ones.

“For creating solutions to an existential crisis, for embodying the possibilities and dangers of the era of tech titans, for driving the boldest and most disruptive transformations in society, Elon Musk is TIME’s 2021 Person of the Year.” said the magazine’s editor-in-chief, Edward Felsenthal.

“Even the space adventures of Elon Musk they are a direct line to the first Person of the Year, Charles Lindbergh, whom the editors selected in 1927 to commemorate his historic first solo transatlantic flight over the Atlantic. “

Since his time as presenter of the program Saturday Night Live To launch tweets about cryptocurrencies and memes that have caused massive movements in their value, Musk has dominated the headlines and amassed more than 66 million followers on Twitter.

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According to the magazine, “Person of the Year” means someone “who most affected the news or our lives, for better or for worse.”

Time magazine named the teen pop singer Olivia Rodrigo as “Artist of the Year”, to the American gymnast Simone Biles as “Athlete of the Year” and to scientists who have worked on vaccines as “Heroes of the Year.”


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