On Monday, former President Donald Trump announced that he would consider offering Tesla and SpaceX CEO Elon Musk a Cabinet position or advisory role if he secures a second term in office.
Trump expressed interest in having Musk on board but noted it would depend on Musk’s willingness to accept.
Trump also mentioned the possibility of eliminating a $7,500 tax credit for certain new electric vehicles, which could impact Tesla’s business.
Trump had criticized tax credits and incentives, suggesting they are not very beneficial.
Musk had endorsed Trump in July, following an assassination attempt against the former president.
