Trump tells automakers, manufacturers U.S. will cut regulations, taxes

UPDATED: 1/23/17 12:26 pm ET - adds Fields reaction

President Trump met with a dozen prominent American manufacturers, such as Ford and Tesla, and promised them he would slash regulations and cut corporate taxes, but warned them again of penalties if they move production outside the country.

Tesla to build motors, gearboxes in Gigafactory

Tesla will manufacture the electric motors and gearboxes for the upcoming Model 3 at its Gigafactory in Nevada.

Sign up for our monthly sales report

We'll email you monthly U.S. sales data as soon as it's available, along with our commentary.

Newsletters