Boots & Sabers

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Owen

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0715, 21 Aug 24

Trump Proposes Ending EV Tax Credit

Yes.

YORK, Pennsylvania (Reuters) – 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.

 

“Tax credits and tax incentives are not generally a very good thing,” Trump told Reuters in an interview after a campaign event in York, Pennsylvania, when asked about the EV credit.

Asked if he would consider naming Musk to an advisory role or cabinet job, Trump said he would. “He’s a very smart guy. I certainly would, if he would do it, I certainly would. He’s a brilliant guy,” Trump said.

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0715, 21 August 2024

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