HomeWorldBillionaire bros: Trump may name Musk in cabinet or advisory role

Billionaire bros: Trump may name Musk in cabinet or advisory role

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Republican presidential candidate Donald Trump mentioned Monday that if elected he may identify tech billionaire Elon Musk to a cupboard or advisory position.

Trump’s remark got here after the previous president mentioned that he would additionally contemplate ending a $7,500 tax credit score for electrical automobile (EV) purchases.

“Tax credits and tax incentives are not generally a very good thing,” Trump informed Reuters in an interview after a marketing campaign occasion in York, Pennsylvania, when requested in regards to the EV credit score.

Asked if he would contemplate naming Musk to an advisory position or cupboard job, Trump mentioned he would.

“He’s a very smart guy. I certainly would, if he would do it, I certainly would. He’s a brilliant guy,” Trump mentioned.

Musk final month publicly endorsed Trump within the U.S. presidential race. Tesla didn’t instantly reply to a request for remark.

If elected, Trump may take steps to reverse Treasury Department guidelines which have made it simpler for automakers to reap the benefits of the $7,500 credit score or may ask the U.S. Congress to repeal it solely.

While president, Trump sought to repeal the EV tax credit score which was later expanded by President Joe Biden in 2022.

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