In a significant move, President Donald Trump has revoked President Joe Biden's executive order on artificial intelligence, which had set safety and security standards for AI development. This decision marks a pivot towards deregulation, with Trump emphasizing the creation of new AI tools and appointing David Sacks as the AI czar. This shift has had notable impacts on major tech companies like Google and Nvidia.
Google's stock has seen a remarkable rise, up 37% in 2024 and 3.5% in 2025, as investors react positively to the deregulation stance. Nvidia, however, faces uncertainties with potential policy changes under Trump, despite its strong market position and positive analyst ratings.
Meanwhile, Tesla, under Elon Musk's leadership, has been navigating mixed market responses. While Tesla's stock experienced a substantial gain in 2024, the company must contend with potential policy shifts affecting electric vehicle incentives. Musk's role in the Trump administration could influence regulatory discussions, potentially benefiting Tesla in the evolving landscape.
Overall, Trump's AI policy changes have stirred the tech industry, prompting both optimism and challenges. As the market adapts, companies are strategizing to capitalize on new opportunities and mitigate emerging risks.
