In addition, he is known for influencing the movements of the markets and the value of cryptocurrencies with just one tweet.
But its main socioeconomic influence for now is with its innovative electric vehicles.
“Our intention with Tesla has always been to serve as an example for the automotive industry, hoping that they will also make electric cars so that we can accelerate the transition to sustainable energy,” Musk said in an interview released alongside the person of the year announcement.
But outer space is still one of his greatest ambitions. “His goal is to make humanity a multiplanetary species,” Time contributor Jeffrey Kluger said in the video.
Time first presented its Personality of the Year award in 1927.