January 4, 2025

Elon Musk (left) and Donald Trump (right).

David Swanson | Vincent Alban | Reuters

Former President Donald Trump said on Monday he would provide Tesla If he wins a second term in the White House, SpaceX CEO Musk will get a Cabinet position or serve as an adviser in the government.

Trump told Reuters in an interview that he would appoint Musk to such a position “if he wanted to.”

But the Republican candidate also said he would consider eliminating the $7,500 tax credit for certain new electric vehicles. That could impact Tesla’s business, which sells electric vehicles.

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

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

Trump will face Democratic candidate, Vice President Kamala Harris, in the November election.

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