Donald Trump has expressed interest in appointing Tesla CEO Elon Musk to a cabinet or advisory role should he win the upcoming presidential election. During an interview with Reuters, Trump praised Musk’s leadership at Tesla and his pioneering work in technology and innovation.
Donald Trump Shows Interest in Endorsing Elon Musk
According to an interview, Donald Trump has indicated that he would like to offer Elon Musk a position within his administration if he is re-elected. Trump commended Musk for his contributions to technology, particularly in the areas of electric vehicles and space exploration. He stated that Musk could play a valuable role in his cabinet or as an advisor, contingent on Musk’s willingness to accept such an appointment.
BREAKING: Donald Trump says he would offer Elon Musk a cabinet or advisory role if elected President. pic.twitter.com/yZtECPy3Sy
— DogeDesigner (@cb_doge) August 19, 2024
Concurrently, Trump suggested that he might end the $7,500 tax credit for electric vehicle (EV) purchases. He expressed doubts about the effectiveness of tax credits and incentives, hinting at the possibility of reversing current Treasury Department rules that facilitate automakers’ use of the EV credit.
Trump has previously attempted to repeal this credit during his presidency, but it was later expanded under President Joe Biden in 2022. Trump emphasized that, despite his reservations about tax credits, he supports a variety of vehicles, including electric, gasoline-powered, and hybrids.
This is a Breaking News Please Check Back For More
Kelvin Munene Murithi
Kelvin is a distinguished writer specializing in crypto and finance, backed by a Bachelor’s in Actuarial Science. Recognized for incisive analysis and insightful content, he has an adept command of English and excels at thorough research and timely delivery.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
✓ Share: