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Elon Musk, TIME’s 2021 Person of the Year, already has a reach that extends beyond Earth. The controversial billionaire, who helms both Tesla and SpaceX, has plans for what he calls “a futuristic Noah’s ark.”
But that doesn’t mean he’s focused solely on the interplanetary. During an interview with TIME at his Boca Chica, Texas, facility on Dec. 3, Musk discussed his wealth, the electric vehicle market, SpaceX and the latest on his relationship with Grimes.
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Here are excerpts from Musk’s interview, edited for clarity.
Contents
On being the richest person in the world
“Well, I think there’s like some, you know, sovereigns. I think [Russia’s] President Putin is significantly richer than me. I can’t invade countries and stuff.”
On income inequality
“When looking at income and asset distribution, it is very important to normalize that for age. So as societies age, there are more older people; the older somebody is, the richer they are. But a lot of the push for higher government involvement and expropriation of assets by the government is pushed by a bunch of politicians who are actually saying that resources shouldn’t be in control of private individuals. They should be in control of the government.”
Being a “utopian anarchist”
“If there’s a utopia where people have access to any goods or services that they want, there’s plenty for everyone. If we have a highly automated future with the robots that can do anything, then any work you do will be because you want to do it, not because you have to do it. I don’t mean to suggest chaos, but rather that you’re not under anyone’s thumb.”
Tesla’s valuation
“I’ve tried to just tamp down expectations, saying I think the stock’s maybe too high. Current valuation is pretty high, which suggests that the market has faith in future execution of the company because it’s certainly not based on historical profitability, that’s for…
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Source : time
