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- 🚀 Person of the Year
🚀 Person of the Year
Can you guess who is it?
15-12-2021 | 8:00 AM
Hi everyone, and welcome new subscribers.
My name is Jay Desai and I wish you a very good morning with this freshly baked newsletter.
Let's start with,
ELON MUSK
Olivia Rodrigo, Elon Musk, Simone Biles, and vaccine scientists were honored in Time's "Person of the Year" issue. Elon was coverboy, aka the Person of the Year. The title is less of an award, more of an acknowledgement of influence. Past POYs include Donald Trump (2016), Pope Francis (2013), Mark Zuckerberg (2010), and The Computer (1982).
Back to Elon...
The EV and space pioneer became the world’s richest person this year, and gained mass cultural influence through his eccentric tweets — from crypto memes to live-tweeted bathroom breaks.
As Time put it: “Musk is our avatar of infinite possibility, our usher to the remade world… where Earth and humanity can still be saved."
Happy and healthy... finally. Tesla is worth nearly $1T, and SpaceX is leading America’s spacefaring efforts, but Elon's companies weren't always successful: In 2008, Tesla stood on the verge of collapse, and Elon went broke using personal funds to keep it going. A few years ago, Tesla was close to bankruptcy again.
Today:
Tesla controls two-thirds of the EV market, and could help reduce global warming if the company delivers on its pledges. The EVs that Tesla popularized have forced OG carmakers to invest billions in electric.
SpaceX became the first private company to send humans to space last year. This year, it won a $2.9B contract to develop a NASA lunar lander — and its valuation topped $100B. Now it’s working on a next-gen rocket for Mars missions.
Not all's good though: Elon has faced (and is facing) a number of challenges, from federal probes into Tesla’s Autopilot software to regulatory fines for the infamous $420 tweet.
ANNOUNCEMENT
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With that, let's move on to…
APP OF THE WEEK
The App of this Week is INDmoney.
(Not a paid review - This is my genuine review after using the app)
It is a really smart app – lets you track investments, loans, expenses, savings accounts, PFs, EPFs hassle-free. It offers zero-commission investing in mutual funds & US stocks. You can also earn US stock rewards upon spending on your favorite brands. I faced some difficulties while investing in US stocks though, which was resolved in a couple of days. So overall, a decent platform to start tracking and managing your finances.
Best part? I am gifting you Apple Stock. Join me on the INDmoney app using my link to claim today.
See you next week with more amazing things that will make you wiser.
Until then...
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