Elon Musk, CEO of Tesla and SpaceX, has indicated his willingness to serve in an advisory capacity following comments from former US President Donald Trump about potentially offering him a role in a future administration.
According to NDTV, Trump, the Republican presidential nominee in the November 2024 US presidential race, mentioned on Monday that he would consider appointing Mr Musk to a cabinet position or an advisory role if elected. The former president's remarks came after he criticized the $7,500 tax credit for electric vehicle (EV) purchases, suggesting he might abolish it if he returns to the White House.
I am willing to serve pic.twitter.com/BJhGbcA2e0
— Elon Musk (@elonmusk) August 20, 2024
"Tax credits and tax incentives are not generally a very good thing," Trump said after a campaign event in Pennsylvania. When asked specifically about the possibility of naming Musk to a particular role in his administration, Trump was unequivocal: "He's a very smart guy. I certainly would, if he would do it, I certainly would. He's a brilliant guy."
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In response, Musk shared a social media post on X (formerly Twitter) that read, "I am willing to serve." The post featured an image of Musk standing in front of a podium emblazoned with the words "Department of Government Efficiency (DOGE)." The acronym appears to be a playful reference to Dogecoin, the popular cryptocurrency that originated as a meme.
Musk's cryptic response has sparked speculation about his potential involvement in a future Trump administration. The tech entrepreneur, who last month publicly endorsed Trump for the presidency, has not yet commented directly on whether he would accept such an offer.
The exchange between the former president and the tech billionaire comes amid ongoing discussions about the future of electric vehicle incentives and government efficiency. Trump's comments suggest a potential shift in policy regarding EV tax credits, which have been a key component of efforts to promote the adoption of electric vehicles in the United States.