Elon Musk once lost control of his McLaren F1 sports car and crashed it on Sand Hill Road in California. While the car was worth about $1 million, but that was not the worst part. The worst part was that it was not insured. The Tesla CEO had bought the silver McLaren in 1999 after selling his first startup, Zip2, to Compaq for an estimated $20 million. Instead of buying a mansion or a holiday home, he chose an 1,800-square-foot condo in Palo Alto and spent big on the sports car. According to a Benzinga report, CNN cameras were there when the car was delivered. Standing beside him was his girlfriend at the time, Justine Wilson, who later became his first wife. Speaking to CNN, she said, “It’s a million dollars for a car. It’s decadent. My fear is that we lose a sense of appreciation and perspective.”

Elon Musk’s car crash on Sand Hill road

In 2000, Elon Musk was driving with PayPal co-founder Peter Thiel when the accident happened. According to Musk’s later account, he was then trying to show off. “Watch this,” he said, moments before the car spun out, flew into the air, and crashed. The car was badly damaged. Elon Musk admitted afterward that it had no insurance.However, the crash did not stop Musk’s love for cars. Despite spearheading Tesla, his personal car collection includes various non-Tesla vehicles. His eclectic tastes range from classic cars to high-performance vehicles, reflecting his interest in both automotive innovation and historical significance. According to the information available publicky, his collections include — 1978 BMW 320i, 2012 Porsche 911 Turbo, 1967 Jaguar E-Type Roadster, 1976 Lotus Esprit, 2006 BMW M5 by Hamann Motorsport, 2010 Audi Q7, 1976 Lotus Esprit and 1920 Ford Model T.