Why Are Wall Street Billionaires Selling Tesla in 2022?

Retail investors like you or I often look to media like CNBC to get our financial information about the stock market. It speaks to you like the "average Joe" has a say in the market's movements, but the reality is that huge multibillion-dollar mutual and hedge funds control most of the stock market, making up an estimated 70% of the trading volume. The chart below illustrates the big presence institutions and hedge funds can have in stocks.