In this article TSLA Follow your favorite stocks CREATE FREE ACCOUNT 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 Trump, Harris inflation arguments are questionable, Chicago Fed president says GOP megadonor Miriam Adelson plans to do whatever it takes to help Trump win Harris outlines 'opportunity economy' centered on cutting housing, family costs Top Republicans call on Trump to stop insulting Harris, refocus on policy "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 Fund manager — who's consistently beaten the S&P 500 — names a key stock to own if recession hits Goldman says buy these cheap stocks with healthy fundamentals during this sell-off How Warren Buffett's big Japanese investments fared in the global market rout 'We haven't seen the bottom': Dan Niles names 2 tech stocks to ride out a potential recession.
