Elon Musk doesn't want US government spending any more money on EV efforts

New York (CNN Business)Time magazine has named CEO of Tesla and SpaceX Elon Musk as Person of the Year.

“Person of the Year is a marker of influence, and few individuals have had more influence than Musk on life on Earth, and potentially life off Earth too,” Time editor-in-chief Edward Felsenthal wrote. “In 2021, Musk emerged not just as the world’s richest person but also as perhaps the richest example of a massive shift in our society.”
It was indeed a banner year for Musk, who garnered attention for becoming the richest person in the world in part due to the rise in Tesla’s (TSLA) stock price. With SpaceX, Musk launched the first-ever mission to Earth’s orbit with a crew of only tourists and no professional astronauts.

    Elon Musk (@elonmusk) is TIME's 2021 Person of the Year #TIMEPOY https://t.co/8Y5BhIldNs pic.twitter.com/B6h6rndjIh

    This tradition from Time began in 1927 as “Man of the Year” and has since changed to not only recognize an individual, but also to consider the impact of a group, movement or idea that had the most influence in the past year. In 2020, Joe Biden and Kamala Harris were picked together as of Person of the Year. The annual choice is not necessarily considered an honor, since the selection could have wielded negative influence. For example, Adolf Hitler was named Man of the Year in 1938.

      Some of Musk’s online behavior has gotten him into trouble and at times distracted from his accomplishments. In 2018, the US Securities and Exchange Commission charged him with fraud for tweeting that he was considering taking Tesla private. He agreed to a deal that involved having Tesla lawyers approve tweets that would affect shareholders but a recent Wall Street Journal report said two tweets violated that agreement.

      In his writeup introducing Musk as Person of the Year, Felsenthal called attention to his “persona,” describing it as a “blunt instrument that often seems to revel in division and aggressive mockery,” which the public sees through his frequent use of Twitter.
      The safety of Tesla cars have also been under scrutiny. The company’s Autopilot software is under federal investigation for crashes that have occurred with parked emergency vehicles, and a recent New York Times investigation questioned the software’s safety. In a sit-down interview with Time, Musk addressed some of the concerns.
      “The statistics that I think are at this point unequivocal that far more accidents off Autopilot than on Autopilot,” Musk said. “This is not to say that Autopilot is perfect. Now you get to full self driving where you don’t need to pay attention. We still obviously have a lot of work to do.”

      How ‘Person of the Year’ has evolved

      Time has grown the “Person of the Year” tradition into a larger franchise by introducing additional categories in 2019. This year, pop star Olivia Rodrigo was named Artist of the Year and four-time Olympic gold medalist Simone Biles was selected as Athlete of the Year. The title of Heroes of the Year, previously known as “Guardians,” went to the scientists behind the mRNA covid-19 vaccine specifically Katalin Kariko, Barney Graham, Kizzmekia Corbett and Drew Weissman. Time named them “The Miracle Workers,” saying they “achieved a breakthrough of singular importance, introducing an innovative and highly effective vaccine platform, based on mRNA, that will impact our health and well-being far beyond this pandemic.”

      In pictures: Billionaire entrepreneur Elon Musk

      Elon Musk, the CEO of SpaceX and Tesla Motors, poses for a photo in 2013.

      Musk, left, is seen with his brother, Kimbal, in this childhood photo <a href="https://www.instagram.com/p/Byxl2pIJrkL/?hl=en" target="_blank">posted by their mother, Maye.</a> Elon Musk was born June 28, 1971, in Pretoria, South Africa. His mother is a model and nutritionist. His father, Errol, is an engineer.

      Musk is seen at left with his sister, Tosca, and Kimbal in 1976.

      "When Elon was young, I noticed that he read everything," <a href="https://observer.com/2020/01/tesla-elon-musk-old-photos-maye-musk-book/" target="_blank">Maye Musk wrote in her book</a> "A Woman Makes a Plan: Advice for a Lifetime of Adventure, Beauty and Success." When Elon was 12, he wrote code for a video game called "Blastar" and sold it to a computer magazine for $500.

      Musk celebrates his 18th birthday in 1989. He would leave South Africa for Canada, where he studied at Queen's University in Kingston, Ontario. In 1995, Musk graduated from the University of Pennsylvania with degrees in economics and physics.

      Maye Musk celebrates her 50th birthday party with her children in 1998. With her, from left, are Tosca, Kimbal and Elon. In 1995, Elon Musk co-founded Zip2 Corp., a company that developed online city guides. He would sell it to Compaq in 1999 for $307 million.

      PayPal CEO Peter Thiel, left, and Musk pose at the company's corporate headquarters in Palo Alto, California, in 2000. Musk had co-founded X.com, an online banking and financial services company. It merged with Continuity in 2000 and was renamed PayPal. The online payment platform was acquired by eBay in a $1.5 billion deal in 2002. Musk pocketed $165 million.

      Musk poses next to a SpaceX Dragon spacecraft in 2008. Musk founded SpaceX in 2002 with the intention of making space travel cheaper and more accessible. In 2010, the Dragon became <a href="https://www.cnn.com/2010/US/12/08/space.flight/" target="_blank">the first commercial spacecraft to orbit the Earth and return.</a> In 2012, it became the first private capsule <a href="https://www.cnn.com/2012/05/25/us/spacex/" target="_blank">to connect to the International Space Station.</a>

      Musk, bottom, watches a Falcon 1 rocket lift off in 2008. It was the first privately developed liquid-fuel rocket to reach orbit.

      In 2008, Musk became CEO and product architect of Tesla Motors. Years earlier, he had joined the electric-car company as chairman of the board, overseeing its initial round of investment funding.

      Musk walks with US President Barack Obama at Florida's Kennedy Space Center in 2010.

      Musk is joined by his fiancee, actress Talulah Riley, and his twin sons, Griffin and Xavier, at a Nasdaq opening-bell ceremony in 2010. Musk has been married three times — twice to Riley. Their second divorce came in 2016.

      Musk unveils the Falcon Heavy rocket, billed as the world's most powerful rocket, in 2011. Musk told CNN he decided to build the rocket to put bigger satellites into orbit.

      Musk attends the opening of a Tesla store in Newport Beach, California.

      Musk walks in a procession after delivering the commencement speech at the California Institute of Technology in 2012.

      Musk holds up a model rocket in this photo for Bloomberg Businessweek magazine in 2012.

      Musk appears on the late-night talk show "Jimmy Kimmel Live" in 2013.

      Musk poses with a Tesla during a visit to Amsterdam, Netherlands, in 2014.

      Musk and his then-wife, Talulah Riley, attend the Vanity Fair Oscar Party in 2014.

      Musk represents SpaceX at a US Senate subcommittee hearing in 2014. The hearing was to learn more about space launch programs. SpaceX had already landed a few federal contracts at that point, and Musk made his case for more.

      Musk unveils the dual-engine chassis of the new Tesla Model D in 2014.

      Musk attends the Time 100 Gala with filmmaker George Lucas, left, and rapper Kanye West in 2015.

      Musk guest-stars on an episode of the TV sitcom "The Big Bang Theory" in 2015. He played himself.

      Musk has long said he wants to make humans an "interplanetary species," and in 2016 <a href="https://money.cnn.com/2016/09/27/technology/spacex-elon-musk-mars-colonization/index.html" target="_blank">he laid out his plan to colonize Mars.</a> He was speaking at the International Astronautical Congress, a meeting of multiple international space-exploration associations.

      Musk and other business leaders listen to US President Donald Trump during a visit to the White House in 2017.

      Musk speaks to reporters in 2018, a day before SpaceX <a href="https://money.cnn.com/2018/02/06/technology/future/spacex-falcon-heavy-launch-mainbar/index.html" target="_blank">launched the Falcon Heavy,</a> the world's most powerful rocket.

      Musk and his girlfriend, singer Grimes, attend the Met Gala in New York in 2018.

      Musk is seen on a television monitor on the floor of the New York Stock Exchange in 2018. Musk smoked a joint while <a href="https://www.cnn.com/2018/10/01/tech/elon-musk-joe-rogan/index.html" target="_blank">talking to podcast host Joe Rogan </a>about what it's like inside his head ("a never-ending explosion"), keeping a car company in business ("very difficult") and trying to get governments to regulate artificial intelligence ("nobody listened").

      In 2018, Musk <a href="https://www.cnn.com/2018/12/19/tech/boring-company-tunnel-elon-musk/index.html" target="_blank">demonstrates his Boring Company's first tunnel.</a> It was built as an experiment in underground transportation, with the aim of providing alternative routes to traffic-jammed streets.

      Musk leaves a federal court in New York in 2019. The Securities and Exchange Commission had asked the court to hold Musk in contempt for violating an agreement that requires he get pre-approval for social-media posts about Tesla. The judge asked Musk and the SEC to go back to the drawing board and better define exactly how and when Musk's tweets need to be reviewed. The two parties <a href="https://www.cnn.com/2019/04/26/tech/elon-musk-sec-settlement/index.html" target="_blank">were able to reach a settlement.</a>

      Musk <a href="https://www.cnn.com/2019/11/22/cars/tesla-cybertruck-electric-pickup-truck/index.html" target="_blank">reveals Tesla's new electric pickup truck</a> in 2019. A demonstration of the Cybertruck's supposedly unbreakable windows backfired, however, when a metal ball thrown at the windows did, in fact, break them.

      Musk leaves a federal court in Los Angeles in 2019. After a four-day trial, a jury took less than an hour to decide that Musk <a href="https://www.cnn.com/2019/12/06/media/elon-musk-defamation-trial-verdict/index.html" target="_blank">did not defame a British caver</a> when he sent a tweet calling him a "pedo guy." Defense lawyer Alex Spiro said Musk's tweet "was a joking, deleted, apologized for, responsive tweet."

      Musk attends a Tesla ceremony in Shanghai, China, in January 2020. Tesla <a href="https://www.cnn.com/2020/01/07/tech/tesla-elon-musk-china/index.html" target="_blank">started delivering</a> its Shanghai-made Model 3 cars to the public, the first step in Musk's much bolder plan for the world's biggest market.

      Musk speaks at a January 2020 news conference after SpaceX's new crew-worthy spacecraft, Crew Dragon, <a href="https://www.cnn.com/2020/01/19/tech/spacex-crew-dragon-launch-in-flight-abort-test/index.html" target="_blank">reached its last major milestone</a> in a years-long testing program. NASA asked the private sector to develop crew-worthy spacecraft to replace the space shuttle program after it was retired in 2011. SpaceX was allotted $2.6 billion and Boeing was awarded $4.2 billion in 2014, and the space agency initially predicted their vehicles would be ready to fly astronauts by 2017. But development of both spacecrafts took years longer than expected.

      Musk looks at his new baby boy in <a href="https://twitter.com/mayemusk/status/1259297517776171008" target="_blank">this tweet </a>posted by his mother in May 2020. The baby, <a href="https://www.cnn.com/2020/05/06/entertainment/grimes-elon-musk-baby-name-intl-scli/index.html" target="_blank">named X Æ A-12,</a> is his first child with Grimes. He has five other children from a previous marriage.

      Time was able to add new categories because the company is no longer part of a larger magazine conglomerate with competing titles that deeply covered sports and entertainment, Felsenthal previously told CNN Business. In 2018, Salesforce (CRM) CEO Marc Benioff and his wife Lynne Benioff bought Time from Meredith Corp., which formerly owned other Time Inc. titles such as Sports Illustrated and Entertainment Weekly.
      Unlike previous years, Time chose not to release a shortlist of contenders for Person of the Year.

        Time announced Person of the Year on its own YouTube channel, produced by its own video division, Times Studios. That unveiling is in stark contrast to years past when Time would do the grand reveal on broadcast television, partnering with NBC. In 2020, Time announced the choices on a prime time special on NBC. Earlier years, the picks were revealed in the morning on “Today.”
        Time is hosting an event Monday evening in New York to celebrate Time’s Person of the Year and its TIME100 community, a sign of a return to normalcy for publishers that were forced to cancel in-person events amid the pandemic and instead held virtual ones.
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