Donald Trump says he would tap Elon Musk for a Cabinet role

Former President Donald Trump stated on Monday that he would consider offering Tesla and SpaceX CEO Elon Musk a position in his Cabinet or an advisory role if he wins a second term in the White House. In an interview with Reuters, Trump mentioned that he would be open to Musk joining his administration “if he would do it.”

However, Trump also expressed his skepticism about the $7,500 tax credit for certain new electric vehicles, a policy that could impact Tesla's business. “Tax credits and tax incentives are not generally a very good thing,” Trump remarked after a campaign event in York, Pennsylvania, suggesting he might eliminate such incentives if re-elected.

Musk had publicly endorsed Trump in July, soon after the former president survived an assassination attempt at a rally in western Pennsylvania.