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Influencers continue to live? Musk has just been named Time's Person of the Year, and Tesla is in a bear market again

Influencers continue to live? Musk has just been named Time's Person of the Year, and Tesla is in a bear market again

On December 13, local time, the US "Time" magazine announced that the 2021 person of the year was Elon Musk, founder of SpaceX and CEO of Tesla.

"Almost no one can match his impact on life on Earth, or even on extraterrestrial life." Time magazine editor-in-chief Edward Feltenthal said of Musk.

Although "Time" is acclaimed, Tesla's stock price and Musk's recent "internet celebrity" style have been questioned.

U.S. stocks fell across the board on Monday, and fears about the Olmikron strain hung over the market. Tesla fell 5.0 percent, its market capitalization fell below $1 trillion, and entered a bear market for the third time in the year. The National Highway Traffic Safety Administration (NHTSA) confirmed last week that Tesla was being questioned about recent software updates allowing drivers to play games while driving.

On the other hand, electric car upstart Rivian rose 3.7 percent, with news that the company plans to build a new factory in Georgia to build cars and produce batteries.

The capital market is not good, and Musk continues to "exert force" on the network.

On the night of December 9, Musk asked netizens for advice on Twitter, saying: "I am considering quitting all my jobs and being an Internet celebrity wholeheartedly, what do you think?" "With Musk's identity and way of doing things, it's really hard for him not to become an influencer." The way finance works now is that the value of things is not based on cash flow, but on how close they are to Elon Musk. Bloomberg columnist Matt Levine once wrote in the article.

Source: The Paper, CBN

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