Controversial and influential Tesla Inc. CEO Elon Musk was recently named Time Magazine’s “Person of the Year” for 2021. The award is a tremendous honor for Musk, but some long-time Amazon.com, Inc. investors may still have nightmares about the time Amazon founder and former CEO Jeff Bezos was also named Time’s “Person of the Year.” Time Magazine Curse? Bezos received “Person of the Year” honors for 1999 on Dec. 20, 1999. On that day, Amazon shares closed at $97. Less than two years later, Amazon shares closed at a new all-time low of $5.67 on Sept. 27, 2001. During that 11-month stretch immediately following Bezos’ award, Amazon shares lost an incredible 94 percent of their value. Bezos and Musk have had a somewhat contentious rivalry over the years. Musk and Bezos are also currently the two most wealthy people in the world, worth a combined $437 billion. Tesla investors are …
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