South African-born American billionaire Elon Musk was named Time Person of the Year for 2021.
And the richest man in the world has had an extraordinary year.
He owns Tesla and SpaceX. His companies are soaring. He has become the richest man in the world.
He’s a pioneer in cryptocurrency. And his tweets have made Dogecoin into a multi-million dollar contender.
Actually, his tweets with the help of 66 million Twitter followers move markets. Through Tesla, Musk developed the Plaid car. And it’s the fastest car in the world.
He also moved the Tesla gigafactory to Texas.
Tesla was already the biggest electric car company in the world. And in October it won a contract with Hertz to add 100,000 Teslas to its rental-car fleet.
Musk also sold 10% of his Tesla stock, which cost him billions and should produce enough tax revenue to fund the Commerce Department for a year.
The stock sale was the result of the Twitter poll Musk posted in a fit of pique over liberal Senators’ proposals to tax billionaires.
