The automaker also said it would invest $2 billion in xAI, the artificial intelligence company controlled by its C.E.O., Elon Musk, and stop making the two oldest models in its lineup.

Mayor Zohran Mamdani said the only way to close a more than $12 billion budget gap was to raise taxes on the wealthy and corporations.

The Trump administration has not yet released the count, which could complicate its plans for tough new policies.