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Tesla chief Elon Musk named TIME magazine's 'Person of the Year' for 2021

12:49 AM | 14 Dec, 2021
Tesla chief Elon Musk named TIME magazine's 'Person of the Year' for 2021

Tesla Chief Executive Officer Elon Musk was named TIME magazine's "Person of the Year" for 2021.

This year saw Musk's electric car company become the most valuable carmaker in the world and his rocket company soar to the edge of space with an all-civilian crew.

Musk, founder and CEO of SpaceX, also leads brain-chip startup Neuralink and infrastructure firm The Boring Company. Tesla's market value soared to more than $1 trillion this year, making it more valuable than Ford Motor and General Motors combined.

Tesla produces hundreds of thousands of cars every year and has managed to avert supply chain issues better than many of its rivals while pushing many young consumers to switch to electric cars and legacy automakers to shift focus to EV vehicles.

"For creating solutions to an existential crisis, for embodying the possibilities and the perils of the age of tech titans, for driving society's most daring and disruptive transformations, Elon Musk is TIME's 2021 Person of the Year," the magazine's editor-in-chief, Edward Felsenthal, said.

"Even Elon Musk's spacefaring adventures are a direct line from the very first Person of the Year, Charles Lindbergh, whom the editors selected in 1927 to commemorate his historic first solo transatlantic airplane flight over the Atlantic."

From hosting Saturday Night Live to dropping tweets on cryptocurrencies and meme stocks that have triggered massive movements in their value, Musk has dominated the headlines and amassed over 66 million followers on Twitter.

Some of his tweets have also attracted regulatory scrutiny in the past.

According to the magazine, "The Person of the Year" signifies somebody "who affected the news or our lives the most, for better, or worse."

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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