Tesla CEO Elon Musk and Ford CEO Mark Fields Are Officially in With President Trump

On the automotive realm, Trump chose Tesla CEO Elon Musk and Ford CEO Mark Fields—two people who he has met with several times already— to be a part of his council. Altogether, 28 business leaders and industry professionals will be making up the group the president will be consulting as he develops his plans to bring more manufacturing to America, CNBC reports.

Trump will work with the business heads to learn "how best to promote jobs and get Americans back to work again," the president said. 

In a meeting with business leaders Monday, Trump said he plans on cutting regulations by 75 percent or "maybe more," though it is unclear what legislations he might be looking to change. The president has also spoken about lowering the tax rate for business, rewarding businesses that build their products in America and creating large taxes on merchandise that are produced outside of the United States.

Following the first meeting Trump had with the business leaders, Fields said he thought it went over well.

"I come out [of the meeting] with a lot of confidence that the president is very very serious on making sure that the U.S. economy is going to be strong and have policies—tax, regulatory or trade– to drive that, and I think that encourages all of us, as CEOs, as we make decisions going forward," said Fields to reporters at the White House on Monday after the talk. "It was a very, very positive meeting."

The full list of Trump's manufacturing council members can be found below (via Techcrunch):