The crime here isn't giving secrets to the Chinese, it is helping them evade export controls. Again, this is something that Nvidia and Jensen has been investigated on repeatedly. If he knew that Megaspeed was a front for China, quite hard to deny given that Alice Huang seems to have brought Chinese execs to every meeting with Jensen then it is very bad. And yes, the stuff that Jensen would have said would have been very useful because, I assume, the inference is that he would have been helping them evade sanctions.
The very best case from here is that the board fires him.
If that were true, then it's fair game, but I don't think that's what is going on.
US gov has not stated they are targeting him.
Also, there is a gigantic difference between 'avoidance' and 'evasion', like with taxes.
We'll see.
Do we know that yet for sure? There's a closed-door US congressional hearing scheduled for nov/18
> There's very little he could ever accidentally tell someone that would matter that much.
I think the practical implications matter a lot less than the PR and legal ones.
If the stock price plummets tomorrow and doesn’t recover, the board may have to act.
Similarly, if the right governments start asking hard questions, the board may have to act.
This is likely going to be a slow-rolling shit show for a while. At the very least, it’s legitimate grounds for one or more congressional investigations, which may start here but could go anywhere.
Most investors don't care.
Unless there was some 'materially detrimental disclosure' this is just tabloid.
The fact that Elon has a literal harem, Tesla has $500M loan from Chinese banks with all sorts of conditions etc.
Elon literally does Zoom calls with Vladimir freaking Putin.
I think this is a nothing burger.