Mostly right :). He actually thought it better to be involved in creating an internet company. This led to the founding of Zip2 (a kind of precursor to Yelp whose pivots ended up trying to help newspapers get online). The money from that led to the founding of X (think, transaction), which later took over and ultimately merged with its competitor, PayPal.

I second the recommendation of watching the interview. There is way too much misinformation surrounding Tesla and Elon Musk.

Yes, I recall him saying something similar. I was writing from my memory.