This year his electric car company became the most valuable carmaker in the world.
Tesla produces hundreds of thousand of cars every year and has managed to avert supply chain issues better than many of its rivals.
Musk is also the founder and CEO of SpaceX, and leads brain-chip startup Neuralink.
Tesla Chief Executive Officer Elon Musk was named TIME magazine's "Person of the Year" for 2021 — a year that saw his electric car company become the most valuable carmaker in the world and his rocket company soar to the edge of space with an all-civilian crew.
Musk is also the founder and CEO of SpaceX, while he also leads brain-chip startup Neuralink and infrastructure firm The Boring Company. Tesla's market value soared to more than $1 trillion this year, making it more valuable than Ford Motor and General Motors combined.
Tesla produces hundreds of thousands 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.
"For creating solutions to an existential crisis, for embodying the possibilities and the perils of the age of tech titans, for driving society's most daring and disruptive transformations, Elon Musk is TIME's 2021 Person of the Year," the magazine's editor-in-chief, Edward Felsenthal, said.
"Even Elon Musk's spacefaring adventures are a direct line from the very first Person of the Year, Charles Lindbergh, whom the...
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