Former U.S. President Donald Trump hinted at the potential discontinuation of the $7,500 tax credit for electric vehicle purchases if he is re-elected. Trump also expressed openness to appointing Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), to a cabinet or advisory role. What Happened: Trump, the Republican presidential candidate, made these statements during an interview with Reuters after a campaign event in York, Pennsylvania, on Monday. He suggested that tax credits and incentives are generally not beneficial and that he would consider ending the EV credit. “Tax credits and tax incentives a…
