Tesla Vs. Nvidia: The Regulatory Crosshairs are Trained on These Two Mag 7 Shares, One is Worse Off Alex Sirois Thu, November 12, 2026 at 12:45 PM EST 4 min read TSLA -0.23% NVDA -5.38% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Tesla carries the heavier regulatory load than NVIDIA, since its premium valuation hinges on regulators letting driverless cars expand.
NVIDIA's board is probing Jensen Huang's ties to Alice Huang of Megaspeed, and the stock has dropped 23% in a month.
After the midterms, an AV policy expert told Axios hopes for federal rules overriding state limits "just became a pipe dream."
The biggest 401k decisions tend to get made once and never revisited: when to roll it over, what to hold inside it, and when to start taking money out. That is exactly what the report: 401k & IRA Tips and Answers was created to address, and it is free today. Read more here. (Sponsor)
Strong operating quarters were posted by Tesla (NASDAQ:TSLA) and NVIDIA (NASDAQ:NVDA), and both are now drawing heavy attention in Washington. Tesla's October 21 report leaned on FSD and Robotaxi. NVIDIA's August 26 report showed AI demand exceeding supply. Since then, a midterm blue wave and a CEO scandal have changed the regulatory picture for both companies.
Tesla's revenue came in at $28.046B, down 0.17% year over year. With car sales flat, the growth story sits in software. Active FSD subscriptions reached 1.74M, up from 1.04M, so drivers are clearly paying for autonomy. The CFO put it simply: "FSD continues to be the key driver for demand." That push costs money, though. R&D rose to $2.76B, and operating income fell 55.79%.
NVIDIA's revenue rose 105.85% to $96.221B. Hyperscaler spending drove that growth, and the expansion reaches well beyond the chipmaker itself (we covered seven suppliers powering, cooling, and networking that infrastructure, and you can read it at no cost: here). Jensen Huang summed it up: "Now, compute is revenue."
For many Americans, funding a 401(k) only leads to more retirement questions. Should you roll your 401k into an IRA, and when? What's the tax impact if the rollover check gets made out to the wrong name? When do required withdrawals begin, and how much do you have to take?
Fisher Investments put the answers in one place. 401k & IRA Tips and Answers is free, and it covers rollovers, contribution limits, required withdrawals, and what actually belongs inside the account once the balance gets serious. Read More Here ›
After the election, an AV policy expert told Axios that hopes for federal rules overriding state limits "just became a pipe dream". Axios noted that Democrats have cited safety and labor protections, and Texas elected a governor who once asked Tesla to delay its Austin launch. Elon Musk named the threat on the earnings call: "unless we are stopped by governments." Traders put Robotaxis launching in California by year-end at just 3.3%.
NVIDIA has already removed China from its outlook. Its guidance excludes any Data Center compute revenue from China. The new risk is governance. The board is looking into Huang's relationship with Alice Huang, who is affiliated with Megaspeed, an NVIDIA customer accused of helping restricted Chinese companies acquire its chips. The WSJ reports that the board is preparing to oust Huang. The stock has fallen 23.24% in a month.
I will be watching for EU-wide FSD approval. Musk said he "would be surprised if it takes longer than Q1." For NVIDIA, keep an eye on whether results meet the $108.0B revenue outlook without China. Power and shell capacity also limit how fast NVIDIA can ship.
To me, Tesla is in the worse spot. NVIDIA's problems come down to one executive and one country it has already left out of guidance. At about 21 times earnings, NVIDIA's valuation leaves room for a leadership change. Near 417 times earnings, Tesla's valuation carries a premium that depends almost entirely on regulators letting driverless cars expand. If Europe signs off by Q1 and Texas leaves Austin alone, my position would shift.
(sponsor) 401(k)s are powerful retirement tools. But even savvy savers can make mistakes that quietly cost you money for decades. Choosing the wrong fund, ignoring small fees nobody adds up, rollover steps done in the wrong order, the list goes on.
These sort of mistakes is exactly what 401k & IRA Tips and Answers was created to help prevent. It is a free guide from Fisher Investments on rollovers, contributions, required withdrawals and the mistakes that do the most damage to a retirement account. Learn More Here ›
Contact editorial@247wallst.com for any questions or corrections.
