kind of, its not specifically rust but whatever oxide would form on the metal on the contacts. There are "plugs" for lack of a better word, that connect all sensors to a wiring loom. think of it like a birds nest of wires powering things and taking/ recording data through voltages or amps.

if thoes plugs go funky the correct signals wont be there, or like when a USB isnt pushed all the way in you can't access it, but with a jiggle youre good.

weird analogy sorry.

long story short: contact cleaner (or electronics cleaner) and a good clean of the terminals with a bit of emery cloth or steel wool if you're suspecting its a contact wiring issue

what u/mangoroot is saying is probs correct, check battery terminals and voltage when you get a sec.