There might not have been an easier way to create solidarity within the tech world than to strike an issue that’s very near to the culture of their industry, and that’s related to the executive order from President Trump on an immigration ban.
To illustrate, select U.S. tech companies founded by first or second generation immigrants are Apple, Google, Facebook, Amazon, Oracle, IBM, and the list goes on.
As corporate leaders speak out, the most notable is probably Elon Musk, CEO of Tesla and a member of the president’s business council.
He surprised many as he moved a lot closer to the new administration than many would have thought, but like his peers, making his and his corporations’ position clear that they disagree with the ban of refugees.
In comparison, other businesses like Ford, Boeing, and General Motors, who also already had close relations with the president, have yet to comment.
Many factors influence the markets, but there is a sour tone today in the worst day for stocks of the New Year as headlines are consumed with politics.