India, Sept. 23 -- Errol Musk, billionaire Elon Musk's father whom the Tesla CEO once called "terrible human being", has been charged with child sex assault, as per a new bombshell NY Times report.

The 79-year-old businessman allegedly sexually molested five of his children and stepchildren since 1993, according to the report.

Reacting to the The NY Times, Errol rejected them as "false and nonsense in the extreme." He went on to explain that family members had made up the charges in order to acquire money from Elon Musk by having the children say false things.

Errol went on to suggest that he shares a very good bond with Musk and they both "are very close".

In its investigation, the NY Times has referenced private letters, emails, fam...