Tuesday, July 14, 2020

TSLA stock: Tesla doesn't create big return for shareholders: Former GM vice chair

Here is the link.

Tesla had a volatile Monday session that saw its stock pop 16% only to finish lower. The stock has been on a tear, rising about 500% over the past year as investors pour money in electric vehicle stocks. With a market cap of $278 billion dollars, only 13 companies in the S&P 500 have a greater market value. Bob Lutz, former GM vice chairman, and CNBC's Phil LeBeau join "Squawk Box" to discuss the stocks wild ride. Subscribe to CNBC PRO for access to investor and analyst insights on Tesla and more: https://cnb.cx/2BT2E7y

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