Confusing behavior when tagging multiple team members in an item update

While writing an update to an item I discovered I can tag “Everyone on this item” in the text (as opposed to tagging all the contributors separately)

When I posted the update, the “@Everyone on this item” text was highlighted and clickable, but when I click it gets stuck in a permanent loading state, with the logo animation looping.

In contrast, when I tag a single user and then click on the name, I get redirected to that users overview page.

What is the intended behaviour supposed to be when clicking “Everyone on this item”? I assume the same issue would be present with the “Everyone on this board / workspace / at company name” tags, although I have not tested. Are these supposed to be clickable in the first place?