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Elon Musk’s dad ‘turned down’ a free Tesla from son

Admin by Admin
October 2, 2023
in Business, Featured, latest stories, South Africa today
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Elon Musk’s dad ‘turned down’ a free Tesla from son
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By Mark Ogagan

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Father of South African-born billionaire Elon Musk, Errol, has claimed that he turned down a free Tesla car from his son.

Errol doesn’t drive a Tesla — and doesn’t plan to anytime soon.

In January 2022, Errol Musk turned down his son’s offer to gift him a Tesla and ship it to his home in South Africa.

His decision partly hinged on the cost of shipping and import fees, which Elon offered to swallow. The cost of the car, shipping, and fees came to a total of about 3.5 million rand — or just over $180,000, Errol said.

“They weren’t worried about it, but I said ‘Look, it’s just not worth it,'” Errol said.

It’s not surprising Elon wasn’t concerned about the cost: $180,000 represented about 0.00006% of Elon’s $278 billion net worth at the time.

“There’s no service facility here. There’s no Tesla representation yet,” Errol added, explaining why he declined his son’s offer. “No charging stations. I said, ‘Please, we don’t want to do this.'”

It cost between $3,300 and $7,000 to ship a vehicle from the US to South Africa, according to data from automotive shipping company A1 Auto Transport. South Africa charges a 25% tariff on automotive imports.

While Errol said he wasn’t sure what model Elon wanted to send, some of Tesla’s most expensive cars at the time, like the Model S Plaid, cost over $100,000.

While Tesla has begun selling its EVs in Europe and China, the vehicles are not for sale in South Africa. Winstone Jordaan, the managing director of GridCars, a South African electric vehicle charging station company, told a local news outlet in May that there are about 1,500 EVs and 300 charging stations in the entire country. For comparison, there are 1.7 million EVs in use in the US, according to Experian, and over 130,000 public charging stations across the country, according to March data from the White House.

It’s not as if Errol was left without a way to get around: He said he owns a Rolls-Royce and a sports car. Plus, he has a Ryan Navion plane that was built in 1947, which he likes to take out and fly.

“I’ve always had Rolls-Royces, since Elon and Kimbal were babies,” Errol said, referring to his two sons. “I prefer to drive a Rolls-Royce. It’s much better — I mean it’s not better than a Tesla — but it’s nicer for me anyway.”

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