Trump says he may end EV tax credit; is open to naming Elon Musk as an adviser
YORK, Pennsylvania - Republican presidential candidate Donald Trump said on Monday that if elected he would consider ending a $7,500 tax credit for electric vehicle purchases and that he would be open to naming Tesla CEO Elon Musk to a cabinet or advisory role.
Musk last month publicly endorsed Trump in the U.S. presidential race. Tesla did not immediately respond to a request for comment. He added that he would rescind the Biden administration rules that will prod automakers to build more EVs and plug-in hybrids to meet stricter emissions standards and said he sees a "much smaller market" for EVs because of cost and battery range issues.
But Trump is open to Chinese and other automakers building vehicles in the United States. "We're going to give incentives, and if China and other countries want to come here and sell the cars, they're going to build plants here, and they're going to hire our workers," Trump said. "We will make our cars. I want to make our cars."
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