Tesla, GM Executives To Meet With Trump To Discuss Recent Executive Orders

Fri, Feb 3, 2017 2,043

With tensions mounting throughout the business world over recent executive actions, President Donald Trump is expected to meet with top U.S. manufacturing executives again Friday.

Tesla CEO Elon Musk and other business leaders are set to meet meet with the president at the White House on Friday to express their opposition to Trump’s recent immigration ban, Reuters reports. Musk, General Motors CEO Mary Barra and Ford CEO Mark Fields are  members of the Presidential Advisory Forum, which gives input on policies related to job growth.

Travis Kalanick, CEO of Uber, also was appointed to the advisory panel, but recently stepped down as his company’s perceived support of Trump drew harsh public criticism.

“Joining the group was not meant to be an endorsement of the president,” Kalanick said, via Reuters.

Musk, however, tweeted Thursday reaffirming he will continue to use his position on the advisory forum to discuss important issues with the president.

Since Trump took office, both Fields and Barra have been reluctant to speak out against him after being the target of his attacks on the campaign trail. Fields, however, recently denounced Trump’s executive action barring entry into the U.S. for people from seven predominantly Muslim countries.

Some experts suggest staying silent isn’t the ideal strategy for executives.

“I certainly don’t think investors want people who run corporate America to be afraid of making smart business decisions,” Art Hogan, chief market strategist at Wunderlich Securities, told Reuters.

Friday’s meeting also is expected to cover corporate tax reform, which reportedly has become a divisive issue among heads of U.S. businesses.

Thumbnail photo via J. Scott Applewhite/Pool Photo via USA TODAY NETWORK