Oppenheimer's Colin Rusch on Tesla's fair value, potential competition and more

Tesla's stock has gained more than 225% so far in 2020, a striking comparison to the roughly two percent drop in the S&P 500. Tesla's record run has made it more valuable than Toyota and GM combined, and investors are now taking note of other electric vehicle stocks as well. Colin Rusch, senior research analyst at Oppenheimer, joins "Squawk Box" to discuss Tesla's rise.
03:53
Thu, Jul 9 20208:47 AM EDT