Relly now rally|Nov 09, 2026 05:57
The current market concern is that Jensen Huang might lose control of Nvidia. A similar risk has occurred with Tesla.
In 2018, on September 27th, Musk was sued for fraud by the SEC, raising concerns about his continued leadership of Tesla. TSLA shares plummeted 14% on the 28th.
On October 1st, the SEC and Musk reached a high-profile settlement. Musk resigned as chairman of the board but retained his position as CEO, paying a $20 million fine. TSLA shares surged 17% that day.
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