The Financial Times newspaper has followed Time magazine in naming Elon Musk, the head of Tesla Inc, as its “person of the year,” praising him for the work he has done to transform the electric car industry.
Tesla, the world leader in electric vehicles, has pushed many young consumers and traditional automakers to shift their focus to electric.
In one column, FT editor Roula Khalaf credited Musk with demonstrating that electric vehicles could replace gasoline cars, calling him a game changer in the industry.
“For a long time, the rest of the auto industry called Tesla and me fools and phonies,” the newspaper quoted Musk in an interview.
“They said that electric vehicles weren’t going to work, that you couldn’t get range and performance. And even if you did, no one would buy them. “
Musk is the richest person in the world, and his Tesla company is worth about a trillion dollars, making it more valuable than the automakers Ford Motor and General Motors combined. In recent weeks, Musk has sold nearly $ 13 billion worth of Tesla shares.
The Democrats in the United States Senate have demanded that the stocks and marketable assets of billionaires be taxed, since most of their wealth is located there.
Earlier this week, Democratic Sen. Elizabeth Warren tweeted https://twitter.com/SenWarren/status/1470415896053227522 that Musk should pay taxes and stop “taking advantage of everyone else” after Time magazine named him “person of the year.”
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