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Anyone who has a 401k likely has Tesla stock, unfortunately.
I expect whoever runs that is really good at trading.
Everyone that owns a S&P500 index or other similar ones owns Tesla shares. All pensions will own some amount. Collectively these pensions probably have 10s of billions or more in Tesla.
I was being sarcastic. But that’s scary.
It kinda is to be honest... The magnificent 7 as they call it, dominate the S&P500. I don't have today's figures, but recently it's been as much as 30% of the index.
Any falter in big tech, or even one of these individual companies like Tesla, can have a huge impact on peoples pensions.
Edit: I guess if you still wanted to invest in something like this as a pension, but wanted to avoid a specific company, you could find a way to hedge against them to make it neutral. I don't know if any do that though.