The Chief Executive officer of Tesla Inc. is named as “Person of the Year” by the “Financial Times” newspaper. They vaunted Elon Musk for the work done in changing the electric vehicle industry. By pushing many young consumers and legacy automakers to shift focus to electric vehicles, Tesla was the reason for transforming the industry. 

Roula Khalaf, who is the FT’s editor, called Musk a revolutionary in the ER industry and congratulated him for demonstrating how EVs could replace cars which are fueled by gasoline.

The newspaper quoted Musk as saying in an interview: 

“For a long time, the rest of the auto industry was basically calling Tesla and me fools and frauds. They were saying electric cars wouldn’t work, you can achieve the range and performance. And even if you did that, nobody would buy them.”

Musk has dominated the headlines and amassed over 66 million followers on Twitter. 

Roula Khalaf added: 

“For all the eccentric and provocative tweets that strike some as childish, he is one of the most transformational business figures of the era.” 

In her opinion, this is the reason the FT is making him its Person of the Year for 2021.