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Elon Musk provides critical context on hotly-debated “emerald mine” story
There are several points of legitimate criticism that are directed at Tesla and SpaceX CEO Elon Musk. Among the most persistent involves claims about an emerald mine, which critics on social media have related to Musk’s fortune and success being built on the back of “stolen jewels,” “blood diamonds,” or “apartheid,” for that matter.
Considering the prevalence of the story, it was no wonder that the claim emerged on Twitter this weekend. This time around, it came in the form of a Community Note on Twitter, which responded to a user’s post stating that Musk had come to the US with no money and graduated with over $100,000 in debt, and that the CEO worked two jobs while he was at school.
As per the Community Note, which has since disappeared from the post, the post was reportedly “misleading” because Musk “was born into an extremely wealthy family in South Africa.” The Community Note received polarizing reactions on Twitter, with supporters of the CEO stating that it was inaccurate and critics celebrating it.
The Musk Emerald Story’s Roots
It should be noted that the Musk family’s relation to an emerald mine was referenced years ago, initially in two reports from Business Insider South Africa from 2018. The reports were based on comments from Errol Musk, Elon Musk’s father, who told the publication, among other things, that Elon and Kimbal at one time sold a pair of emeralds to Tiffany’s in New York City for about $2,000, and that the Musk family was so wealthy that they had difficulty closing their safe.
Now, the idea of Tiffany’s purchasing emeralds from teenagers who walked in the store may be a bit suspect, as such practices are more commonly affiliated with traditional pawnshops, and the idea of a safe not being closed easily because of too much money inside may sound cartoony, but Business Insider South Africa ran with the story anyway. At the end of the article, however, the publication noted that Errol’s story could not be confirmed by Elon because the father and son have a complicated history.
Elon Musk’s Changing Narrative
What is rather interesting here is that Musk has actually referenced an emerald mine in past interviews as well. In a 2014 interview with Forbes, Musk noted that “This is going to sound slightly crazy, but my father also had a share in an Emerald mine in Zambia.” In posts on Twitter in December 2019, however, Musk noted that his father “didn’t own an emerald mine.” Granted, there’s a notable difference between “owning” a mine and “having a share” in one, but the apparent change in Musk’s narrative is notable.
The Crucial Piece
Fortunately, Musk’s recent post on Twitter provided some critical context on why his own interviews and later posts and comments contradict each other. As noted by Musk in his recent post, he actually believed that it was true for some time because his father told him that he owned a share in a mine in Zambia. However, it appears that nobody has really seen the mine, and he and his brother Kimbal are still financially supporting their father, even until today. Musk also shared some thoughts on his complicated relationship with his father.
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“Our condition of providing him financial support was that he not engage in bad behavior. Unfortunately, he nonetheless did. There are young children involved, so we continued to provide financial support for their well-being. Regarding the so-called “emerald mine”, there is no objective evidence whatsoever that this mine ever existed. He told me that he owned a share in a mine in Zambia, and I believed him for a while, but nobody has ever seen the mine, nor are there any records of its existence. If this mine was real, he would not require financial support from my brother and me,” Musk wrote.
Whether or not Musk is telling the complete truth in his recent post on Twitter is still up for question. That being said, Musk’s post does explain why his comments and stance on his father’s emerald mine stake have changed over the years. If his post is accurate, then it is true that he believed that his father had a share in an emerald mine in the past, but it is also true that he is very skeptical of the claim today. His recent comments then, one of which is offering 1 million Dogecoins to anyone who can trace the emerald mine related to his father, would make sense.
Maye Musk, Elon Musk’s mother, also provided her own thoughts on the matter. As per Maye, she was made aware of the emerald mine story on Twitter about ten years ago. That being said, she also highlighted that when she and her children moved to Toronto in 1989, they stayed at a one-bedroom apartment and later a rent-controlled unit, hardly the accommodations of an extremely wealthy family from South Africa.
Errol Musk’s Most Recent Comments
To be fair, recent comments from Errol Musk also suggested that the emerald mine that he had a share in was not some grand operation that resulted in generational wealth.
“What Elon is saying is that there was no formal mine. It was a rock formation protruding from the ground in the middle of nowhere. There was no mining company. There are no signed agreements or financial statements. No one owned anything. The deal was done on a handshake with the Italian man at a time when Zambia was a free for all. Not even he knew exactly where the border was. At that time, it was like the Wild West,” Errol Musk told news.com.au.
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Tesla flexed the new features of the Model Y L with a dedicated media event at the company’s Diner on Santa Monica Boulevard in Los Angeles.
The Model Y L is the extended-wheelbase version of the all-electric crossover, which has been voted the best-selling car in the world on three occasions. The vehicle is already rolling off production lines at Gigafactory Texas, and first deliveries are slated to take place later this year.
Tesla brings Model Y L ‘Launch Series’ to the U.S. at $61,990
Teslarati was invited to the event, but due to some scheduling conflicts, we could not make it to Los Angeles. Instead, we will have our hands on a media unit sometime in August, so we’ll be able to spend some more extended time with the Model Y L.
However, plenty of those who made it to LA shared some cool features that set the Model Y L apart from the Model Y.
Multi-Row Climate Control
Tesla fitted the Model Y L with full climate control on all three rows on the front screen. It can be adjusted by selecting which row you’d like to modify on the right-hand side of the touch screen:
The Model Y L has a little row of icons on the right side of the climate screen so the front passenger can more quickly jump to whatever row they want to control. pic.twitter.com/uJS44mgCvk
— Sawyer Merritt (@SawyerMerritt) July 30, 2026
Better Rear Window Visibility
One of the strangest things about the Model Y, especially the Juniper iteration, is the rear window has extremely limited visibility when looking into the rearview mirror.
Tesla has improved upon this with the Model Y L:
This is a drastic difference. https://t.co/wTdhitD5aA pic.twitter.com/z6hFs0Jkss
— TESLARATI (@Teslarati) July 30, 2026
PowerShare will be included
Model Y L will come with PowerShare in North America, with an 11.5kW output to your home. Tesla said it would require Powerwall 3 for operation.
Wireless Charging Pad
There has been some speculation that Tesla would upgrade the wireless charging pads in the United States, but this is not the case.
Tesla owner fixes common feature complaint with crafty DIY retrofit
Tesla confirmed that it does not come with the cooled pads as the Y L in China does. This is because North America has not adopted Qi charging yet.
Thermal Management Improvements
These improvements in the Model Y L were seen with thermal management:
- Up to 15% faster cabin cooling
- +23% thermal efficiency gained in hot weather, 7 miles of real-world range gained
- 8x more solar energy reflection off of glass roof
- 30% reduction in solar energy entering the cabin
Some of the thermal management improvements in the new Model Y L Premium:
• Up to 15% faster cabin cooling
• Up to 15 min faster cabin cooling in sunny conditions
• +23% thermal efficiency gained in hot weather +7 miles of real-world range gained
• +10 miles recovered after… pic.twitter.com/jZirFWFdtO— Sawyer Merritt (@SawyerMerritt) July 31, 2026
Demand
Tesla said the Model Y L is almost sold out in the U.S. It comes with
- 1 year of FSD Supervised
- 1 year of Supercharging
- 1 year of Premium Connectivity
- Free exterior paint color, interior, and wheel option at no additional cost
Tesla CEO Elon Musk took to his social media platform X on Thursday night to deny a ridiculous rumor regarding the sale of the company’s Chinese vehicle production plant, Gigafactory Shanghai.
On Thursday, the Wall Street Journal, citing sources familiar with the matter, claimed in a scathing new report that Tesla was exploring a potential sale of the entire China business in an effort to help bolster a potential merger between SpaceX and Tesla.
Musk immediately denied the rumor not once but twice, initially calling it “fake news,” and then calling it “absurdly fake news” in a separate post just a few moments later:
This is fake news
— Elon Musk (@elonmusk) July 31, 2026
The original poster of the Wall Street Journal article that Musk saw deleted the initial post sharing the headline and the rumored sale of Tesla’s China business.
This has never even come up in a discussion ever.
Absurdly fake news.
People should assume news is fake until proven otherwise.
— Elon Musk (@elonmusk) July 31, 2026
The report seemed absolutely and unequivocally false to begin with; Tesla’s business in China is among the most important pieces of the company’s business. Not only does the factory supply vehicles for the domestic market, but also for various other markets in Asia and Europe.
China is also one of the largest automotive markets in the world, and Tesla has performed well there despite the robust competition.
The speculation regarding a Tesla and SpaceX merger has started to gain steam this year as the space exploration company went public just a month ago. There has been speculation that Musk will bridge all of his companies under one “umbrella company,” and analysts believe this could happen before the end of the decade.
The Tesla and SpaceX merger everyone is talking about is quietly building
This is the latest iteration of Musk’s very evident war on mainstream media. Reports regarding any of Musk’s companies are quick to get the dreaded “false” or “fake news” response from the CEO when they are unfounded.
Elon Musk
Tesla AI boss reveals how big Optimus is going to get
Tesla’s Optimus chief corrected himself on X, confirming a staggering 10 million robot production target.
![Tesla Optimus Gen 3 [Credit: Tesla]](https://www.teslarati.com/wp-content/uploads/2026/03/tesla-optimus-gen3-diner.jpg)
Tesla’s Optimus program has a new number attached to it, after Ashok Elluswamy, the executive who has run the humanoid robot program since June 2025, posted a three word correction on X Thursday, “Correction, 10 million robots.”
The line clarifies the long term annual capacity Tesla is building toward its planned second Optimus production line at Gigafactory Texas, a figure Musk has cited repeatedly since last year’s shareholder meeting.
The scale is worth noting, because ten million robots a year would mean Tesla building more units annually than most countries sell in new cars. Tesla has framed this as a second line, not the first. The buildout is happening in two phases: a roughly one million unit per year line inside Tesla’s Fremont factory, installed on the floor space vacated when Model S and Model X production ended earlier this year, and a much larger dedicated facility under construction at Giga Texas that broke ground on its first steel structure in May. That Texas facility is the one Elluswamy’s correction refers to, and is expected to reach volume production sometime in 2027.
Correction, 10 million robots https://t.co/0z4nyQNTzp
— Ashok Elluswamy (@aelluswamy) July 30, 2026
Tesla Optimus project fires up as Musk sees production line progress
Elluswamy took over Optimus from Milan Kovac last summer and has spent the months since talking up the program’s trajectory. Elon Musk has also floated the ten million figure at Tesla’s 2025 shareholder meeting.
Ending Model S and Model X production to make room for the first Optimus line was one of the more consequential manufacturing decisions in the company’s recent history, retiring two flagship vehicles in favor of a robot that has yet to enter mass production. Musk has previously estimated per unit production costs at $20,000 to $25,000 once Tesla reaches a million units a year, though he hasn’t said what that cost looks like at ten times the volume.
Tesla Model Y L’s new features flexed at unveiling event at Diner
Tesla CEO Elon Musk denies ridiculous Gigafactory Shanghai rumor
![Tesla Optimus Gen 3 [Credit: Tesla]](https://www.teslarati.com/wp-content/uploads/2026/03/tesla-optimus-gen3-diner-80x80.jpg)
