An electric musical instrument is provided, which enables rich and diverse expressions to be achieved in musical performance. A driving member drives a tone generating source. A driving member-side signal generator obtains a signal from the driving member and outputs the obtained signal. A musical tone signal generator generates a musical tone signal using the signal output by the driving member-side signal generator and outputs the generated musical tone signal. In another aspect of the invention, a tone generating source-side signal generator obtains a tone generating source-side signal from the tone generating source and outputs the obtained signal, and a driving member-side signal generator obtains a driving member-side signal from the driving member and outputs the obtained signal. A modulation device frequency-modulates one of the tone generating source-side signal and the driving member side signal with the other signal. The modulated signal is output from the modulation device as a sound.