Trump administration

GM’s projected $1.6B charge on EV investments signals growing EV strategy concerns among legacy automakers, compounded by the sunsetting of federal tax credits under President Trump. Tesla’s market share is declining amidst increased competition, despite leading in sales volume. As traditional automakers pull back, Tesla might benefit, but overall EV demand is expected to shrink. Musk is shifting focus to robotaxis and humanoid robotics. Analysts anticipate slowing revenue growth for Tesla, highlighting the impact of policy changes and market shifts.

The US tech sector faces uncertainty due to potential immigration policy changes, specifically a proposed $100,000 fee on new H-1B visa sponsorships. This could disproportionately impact startups and limit access to crucial global talent. While some, like Netflix’s Reed Hastings, see benefits in prioritizing higher-skilled roles, concerns persist about incentivizing talent to seek opportunities elsewhere and the negative impact on US innovation and competitiveness. Experts warn that the changes could benefit competitors like China and hinder the ability of companies to recruit and compete.

The Trump administration revoked Harvard’s certification to enroll international students, alleging “terrorism support,” forcing 6,800 current students to transfer or face legal status risks. The move impacts Harvard’s $5.4B budget, as international students (27% of its body) pay full tuition. Officials framed it as accountability for defying federal demands on curriculum and campus policies. Harvard, which had sued to reclaim $2.2B in frozen grants, called the action unlawful overreach threatening U.S. academic leadership. A federal judge issued a temporary restraining order blocking enforcement, setting up prolonged legal battles. The conflict highlights tensions between federal authority and higher education autonomy.