Elon Musk...In His Own Words-Time's Person of the Year Interview

Time December 27, 2021/January 3, 2022 pp44 |2021 Person of the Year| “In His Own Words” Time spoke with Musk at his Boca Chica, Texas, Facility on Dec. 3. Excerpts from the conversation.


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Q-”Being the richest person in the world”


…”Putin is significantly richer than me. I can’t invade countries and stuff.”


Q-”Income inequality”


…”it’s very important to normalize [income and asset distribution]...for age…the older one is, the richer they are…[there’s] a push for higher government involvement…of expropriation of assets…[being]...pushed by a bunch of politicians…[who believe]..that resources…should be in control of the government.”


Q-”Being a ‘Utopian Anarchist”


“If there’s a utopia where people have access to any goods or services they want…then any work you do will be because you want to do it…I don’t mean to suggest chaos, but rather that you’re not under anyone’s thumb.”


Q-”Tesla’s valuation”


“I’ve tried to [suggest] the stock’s [valuation] may be too high…the market has faith in future execution…it’s certainly not based on historical profitability, that's for sure.”


Q-”Competition in the electric vehicle market”


“Our intent with Tesla was always that we would serve as an example to the car industry and hope that they also make electric cars so that we can accelerate the transition to sustainable technology.”


Q-”Cryptocurrency”


…”there are advantages with crypto…in that fiat currency tends to get diluted by whatever government it is. It ends up being a pernicious tax on people, especially those who have cash savings with dilution of the money supply.”


Q-”Love and his relationship with musician Grimes”


…”[we] are…semi-separated…” she’s in LA or touring while “my work is mostly in remote locations like this. I’m human and all; I’m not a robot, but this place is basically a techno monastery.”