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Trump says he would consider ending $7,500 electric-vehicle credit

2024.08.19 17:26

(Reuters) – Republican presidential candidate Donald Trump on Monday said he would consider ending a $7,500 tax credit for electric vehicle purchases, calling it “ridiculous.”

© Reuters. FILE PHOTO: Republican presidential nominee and former U.S. President Donald Trump gestures as he speaks at a campaign event in Asheville, North Carolina, U.S. August 14, 2024. REUTERS/Jonathan Drake/File Photo

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

Trump also said that, if elected, he would tap Elon Musk for a cabinet or advisory role “if he would do it.”



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