Time magazine names Elon Musk its Person of the Year

Tesla and SpaceX CEO Elon Musk had been named person of the year by Times Magazine.


Musk had an incredible 12 months of achievements in which he jockeyed for the crown of world’s richest person and made his Twitter account a must-read while moving the needle on climate change, cryptocurrencies, space exploration, and universal broadband.


Musk overtook Amazon founder Jeff Bezos this year to become the world’s wealthiest person.


He wields impact on Earth with his Tesla electric car company and beyond our planet with his SpaceX rockets.


Tesla produces hundreds of thousand of cars every year and has managed to avert supply chain issues better than many of its rivals, while pushing many young consumers to switch to electric cars and legacy automakers to shift focus to EV vehicles.


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


Time magazine named the teenage pop singer Olivia Rodrigo as its “Entertainer of the Year”, American gymnast Simone Biles “Athlete of the Year” and vaccine scientists were named “Heroes of the Year”.


Last year, U.S. President-elect Joe Biden and Vice President-elect Kamala Harris were jointly given the “Person of the Year” title. Time began this tradition in 1927.


Facebook CEO Mark Zuckerberg and Amazon founder Jeff Bezos have also received the title in the past.