[sillyinseattle]

> Anyone with a retirement account that holds passive etfs

This is incorrect. Not all ETFs. These funds are sector focused (vehicles). A regular S&P500 ETF will not hold NKLA.

[tony69]

I was trying to be brief but you are correct. NKLA was not in the SP500, but it was in the Russel 2000. Also, target retirement date funds will hold total stock market index funds, which will contain NKLA.

Look: https://money.cnn.com/quote/shareholders/shareholders.html?s... Top ten holders are Vanguard, Blackrock, & the other usual providers of index ETFs.