In theory but the difficulty in practice is that if you were to invest in local manufacturing you'd have to be sure that someone else won't be given a waver via lobbying / corruption and will then be able to completely undercut you. The current US administration lacks the credibility to give such assurances. Given existing models are exempt you're better of just delaying new models while you wait for a new admin.
I'm not sure the democrats could give such assurances either. If domestic manufacturing is 2x as expensive that's a lot of money that could be spent on campaign donations and still break even.