Tech

Elon Musk says he ‘financially supported’ dad Errol since the 1990s

Elon Musk revealed Wednesday that he and his brother, Kimbal, have supplied monetary backing for his or her father Errol since he “ran out of cash” many years in the past.

Musk made the declare in response to a prolonged Twitter thread that started with a video posted by former Clinton administration Labor Secretary Robert Reich – who claimed the Tesla CEO grew up rich as a result of his father “owned an emerald mine.”

When a Twitter supporter defended Musk in a sequence of tweets responding to the video, the billionaire chimed in to agree and share some perception on his household dynamic.

“Errol ran out of cash within the 90’s,” Musk mentioned. “My brother & I financially supported him & his prolonged household in South Africa since then provided that he not do dangerous issues. Sadly, he did do dangerous issues :(.”

Musk didn’t elaborate on what he meant by “dangerous issues.” The Submit has reached out to his workplace at Tesla for additional remark.

The Tesla boss has been open about his contentious relationship along with his father. In a 2017 interview with Rolling Stone, Musk described his father as “good with engineering” however “such a horrible human being.”

“My dad may have a fastidiously thought-out plan of evil,” Musk mentioned on the time. “He’ll plan evil.”

Errol Musk supplied a glimpse on the household monetary association throughout a latest interview with Australian radio station KIIS FM.

“We’re a really frugal, stingy household,” the Musk household patriarch mentioned. “If I wish to spend something, I’ve to reply 100 questions of why.” 

The Submit was not instantly capable of attain Errol Musk for touch upon his son’s tweet.

Musk had earlier slammed Reich for misrepresenting his background within the submit, which argued that “self-made billionaires are a delusion” and named the SpaceX founder and different outstanding enterprise leaders who had purportedly relied on others to get their begin.

Errol Musk was alleged to personal an emerald mine in apartheid-era South Africa.
AFP by way of Getty Photographs

Reich mentioned Musk “got here from a household that owned an emerald mine in Apartheid South Africa.”

“The origins of self-made billionaires are sometimes depicted as a ‘rags-to-riches’ rise to the highest fueled by nothing however private grit and the braveness to take dangers — like dropping out of school or beginning a enterprise in a storage,” Reich mentioned.

“However in actuality, the origins of many billionaires aren’t so humble,” Reich added.

Elon and Kimbal Musk
Elon Musk and his brother Kimbal have been supporting their father for many years.

Musk was lower than thrilled with Reich’s assertion.

“You each an fool and a liar,” Musk tweeted in response to the video.

The billionaire additionally tweeted a hyperlink to a Substack submit written by Jeremy Arnold, which debunked claims that Musk grew up rich as a result of a household stake in an emerald mine.

The Musk family
Elon Musk revealed particulars about his household’s monetary dynamic.
Instagram/Maye Musk

Musk additionally personally disputed the narrative in a sequence of tweets in December 2019.

“He didn’t personal an emerald mine & I labored my approach via faculty, ending up ~$100k in pupil debt,” Musk mentioned. “I couldn’t even afford a 2nd PC at Zip2, so programmed at evening & web site solely labored throughout day. The place is that this bs coming from?”

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