Tesla Chief Executive Officer (CEO) 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 and 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.
