TSLA – Tesla CEO Elon Musk Is Fortune 2013 Businessperson of the Year

by Karl Utermohlen | December 23, 2013 1:07 pm

2013 has been incredible for TSLA shareholders as Tesla (TSLA[1]) stock has exceeded expectations thanks to one man.

[2]CEO Elon Musk was named Fortune’s Businessperson of the Year 2013[3] thanks to the unprecedented success that he has brought the company. The Tesla boss is already being compared to Apple (AAPL[4]) visionary Steve Jobs due to his never-ending flow of ideas that have revolutionized the auto industry, space travel, solar energy and more.

As TED curator Chris Anderson put it, “Elon Musk genuinely believes that within the next couple of decades, humans will be colonizing Mars. And thanks to his early morning aha! moment, we will even be able to make the return trip.” He also believes that Musk is changing the world as much as Jobs did, but the Tesla CEO’s contributions could ultimately be more important to our planet.

“SpaceX has already slashed the cost of rocket launches, outperforming the world’s national space programs,” says Anderson. “Meanwhile Tesla is on track to become the first successful new automobile manufacturer in the U.S. in 50 years — and in the process galvanize global adoption of electric-powered transport. He’s pumped money and ideas into SolarCity (SCTY[5]), which is now America’s leading provider of domestic solar energy.”

When you consider what Musk has done and what he has planned for Tesla, it wouldn’t be a stretch to say that he will change the world more than Jobs did. Additionally, TSLA stock has surpassed analysts’ predictions with TSLA shares up 325% YTD.

Source URL: https://investorplace.com/2013/12/tesla-stock-tsla-elon-musk-tsla-stock/

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