Former President Donald Trump has stated he would consider appointing Elon Musk to a cabinet or advisory role if he wins the upcoming presidential election. Musk, who endorsed Trump following an assassination attempt on the former president, responded positively to the proposal, jokingly posting that he is 'willing to serve'. Trump also discussed potentially ending the $7,500 EV tax credit, expressing his preference for a variety of vehicle types, including gasoline and hybrids. Additionally, Trump plans to take measures against vehicles produced in Mexico and China for the U.S. market by proposing tariffs and preventing new foreign plants in Mexico. Despite their mutual admiration, Trump’s stance on EV tax credits and regulatory changes could complicate their collaboration. Musk’s engagement with Trump has sparked significant reactions on social media, highlighting the potential influence of their partnership on the EV and cryptocurrency markets.