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Correlation Analysis

General Mills, Inc. vs Tesla, Inc. Common Stock

GIS vs TSLA

-0.683

Strong inverse

When one moves up, the other tends to move down.

GIS logo

General Mills, Inc.

GIS

General Mills is a global packaged-food company that produces snacks, cereal, convenient meals, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2025, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. Although most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.

Market cap 20.1B · 33,000 employees

TSLA logo

Tesla, Inc. Common Stock

TSLA

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Market cap 1.3T

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockConsumer

Time Series

Relative Performance

Green: GISGray: TSLA36 of 1,254 points (sampled)

Who Moves First

GIS leads TSLA by 5 days

GIS tends to move before TSLA.

After testing 13 timing shifts, the strongest relationship was -0.685 (they moved in opposite directions).

Do They Crash Together?

Correlation by Market Regime

How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.

Both Rising

+0.441

6 periods · Return correlation when both series rose

Both Falling

-0.273

6 periods · Return correlation when both series fell

Diverging

-0.563

23 periods · Return correlation when series moved apart

R-Squared

46.7%

Share of variance in one series explained by the other.

Trend Agreement

46.4%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [-0.712, -0.652]

Scatter

XY Regression

32.840506070809091.1110200300400500509General Mills, Inc.Tesla, Inc. Common StockData pointsFit (r = -0.683)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

GIS logo

General Mills, Inc.

GIS

Market cap 20.1B · 33,000 employees

Stock · 1,254 raw → 1,254 prepared

Series B

TSLA logo

Tesla, Inc. Common Stock

TSLA

Market cap 1.3T

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

31

Estimated crossover points between normalized spreads.

Slope

-5.1167

Linear regression slope.

Intercept

607.6810

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-gis-vs-stock-tsla-daily