For months, President Trump had been putting pressure on the chief executive of General Motors, Mary T. Barra, because she had decided to idle an Ohio factory and lay off 1,600 workers. “I am not happy that it is closed when everything else in our Country is BOOMING,” he said on Twitter. The automaker was in negotiations to sell the plant in Lordstown, Ohio, to a new company affiliated with a little-known electrical vehicle maker called Workhorse. But Mr. Trump beat the company to the punch, posting on Twitter that the Lordstown sale was practically a done deal. Headed by the founder and former chief executive of Workhorse, Steve Burns, the business would have to raise at least $300 million to get Lordstown running again.

Source: New York Times May 28, 2019 15:15 UTC