Elon Musk Was Named Time Magazine’s Person of The Year for 2021

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Elon Musk, the CEO of Tesla, has been named Time magazine’s Person of the Year for the year 2021.

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Musk’s achievement comes after a year in which his personal wealth skyrocketed, making him the world’s richest person.

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Elon Musk is TIME’s 2021 Person of the Year,” said Edward Felsenthal, Editor-in-Chief of Time magazine, who made the announcement today.

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Elon Musk has now joined the elite group that includes Facebook CEO Mark Zuckerberg and Amazon founder Jeff Bezos.

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Time magazine named US President Joe Biden and Vice President Kamala Harris Persons of the Year last year.

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This year, the auto industry has seen a bull market for Tesla.

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The electric vehicle manufacturer’s market value soared to more than $1 trillion, surpassing Ford Motor and General Motors combined.

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Elon Musk reacted quickly to the Time magazine’s acknowledgement of his achievements. “Our intent with Tesla was always that we would serve as an example to the car industry.