I know most of you would say no, But think about this in theory, Drakken is way older than Elsie, Both are in the OSG, Both are the only known red haired members, Both shared some similar personalities about how scary they can be, love fightings and load up lot of money and they both have such strengths, Elsie was born but was orphan, It's possible that since Drakken could of had hooked up with lot of women, Maybe one of these women ended up pregnant from him and Elsie's mother probably gave birth away from Drakken but couldn't survive with him taking all the life-force of Elsie's unknown mother while she was giving birth to Elsie.
I do not own the arts and i just edited Drakken's hair color and all since it's suppose to be dark red.