1. Tesla CEO Elon Musk
If you think about it, naming Elon Musk as the best CEO is a pretty obvious choice. He has an illustrious past as co-founder of PayPal — which was snagged by eBay (EBAY) — and founder of both rocket company SpaceX and electric car company Tesla Motors (TSLA). Oh, and he also helped create SolarCity (SCTY), the leading residential solar provider in the U.S.
As one of our experts summed it up: “He’s the new Steve Jobs. Manufacturing any auto — let alone a luxury EV — from a full stop is a crazy business idea in the 21st century, but he built a real business that is changing the world.”
Sure, there have been headwinds for the Tesla CEO; last month, regulators opened a formal probe into reports of Tesla Model S fires, for example. But the National Highway Safety Administration last week still reaffirmed its five-star safety rating on the Tesla Model S. And TSLA stock speaks for itself with gains of 360% in 2013.
As another InvestorPlace expert characterized Tesla CEO Elon Musk: “People believe in the guy, he’s a social media lightning rod and he’s a genius with efforts outside of his own company.” That makes him the best CEO of the year, hands down.
As of this writing, Susan J. Aluise did not hold a position in any of the aforementioned stocks.