My Blog
Business

Trump would offer Tesla CEO Elon Musk a Cabinet slot

Trump would offer Tesla CEO Elon Musk a Cabinet slot
Trump would offer Tesla CEO Elon Musk a Cabinet slot


Elon Musk (L) and Donald Trump (R).

David Swanson | Vincent Alban | Reuters

Former President Donald Trump on Monday said he would offer Tesla and SpaceX CEO Elon Musk a Cabinet position or an advisory role in his administration if he wins a second term in the White House.

Trump told Reuters in an interview that he would tap Musk for such a position “if he would do it.”

But the Republican nominee also said he would consider getting rid of a $7,500 tax credit for certain new electric vehicles. That could affect business for Tesla, which sells EVs.

Read more CNBC politics coverage

“Tax credits and tax incentives are not generally a very good thing,” Trump told Reuters after a campaign event in York, Pennsylvania.

Musk endorsed Trump in July, shortly after the former president narrowly survived an assassination attempt at a campaign rally in western Pennsylvania.

Trump is set to face Vice President Kamala Harris, the Democratic nominee, in November’s election.

Don’t miss these insights from CNBC PRO

Related posts

White House makes Bidenomics push amid low poll numbers

newsconquest

Toyota redesigns Tacoma pickup amid increased midsize competition

newsconquest

Courting apps like Thursday be offering distinctive new techniques to fulfill other folks

newsconquest