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Trump wants to scrap $7,500 EV tax credit—and make Musk an advisor

Steve Jurvetson / Steve Jurvetson, CC BY 2.0

Former President and Republican presidential candidate Donald Trump has told one publication he would at least consider ending the $7,500 electric vehicle (EV) tax credit if elected, along with reiterating his interest in Elon Musk for a potential role in his administration.

A report from The Wall Street Journal in May initially claimed that Trump was interested in Musk for an advisory role, though Musk later denied the claim, saying that there had not been any discussions of a role for him in Trump’s administration. On Monday, however, in an interview with Reuters following a campaign event in York, Pennsylvania, Trump said he would be interested having Musk in a role in his administration “if he would do it.”

Trump also called the $7,500 EV tax credit “ridiculous,” and told the publication that he would think about ending it if he were elected.

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“Tax credits and tax incentives are not generally a very good thing,” Trump said in the statement.

Trump has been cooking up a friendship with Musk over the last several months, and Musk officially endorsed the him in the 2024 election last month. Since then, some have pointed out anti-EV sentiments from both Trump and Vice Presidential candidate JD Vance, who has also proposed getting rid of the tax credit in the past.

After Trump claimed he would get rid of an EV mandate that doesn’t exactly exist, he earlier this month went on to say that he “had to be for EVs” due to Musk’s endorsement of his campaign. Trump also had a conversation with Musk on X Spaces last week, after which the Tesla CEO also invited Democratic candidate Kamala Harris to join for a similar conversation.

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What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

Trump wants to scrap $7,500 EV tax credit—and make Musk an advisor
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