It seems that everything Elon Musk does attracts attention. The CEO of electric vehicle kingpin Tesla (NASDAQ: TSLA) seems to have a knack for making headlines. In the buzz that constantly surrounds him, truly interesting news can get lost in the chaos.
There's a recent mania taking over the investing world, and it's called cryptocurrency. Since the domain name Bitcoin.com was registered in 2008, the world has seen Bitcoin (CRYPTO: BTC) rise and fall, hitting just under $50,000 per token on Feb. 15, 2021. While many people are bullish on Bitcoin's prospects, many others feel it's just too risky for an average investor to hold in their portfolio.
One of the hottest tickers of Wall Street -- Tesla -- will likely stage a losing streak in the near term on rising rate worries and overvaluation concerns. But that should not hold you back from investing EV ETFs that has strong potential and decent valuation.