Correlation Analysis
Rivian Automotive, Inc. Class A Common Stock vs Tesla, Inc. Common Stock
RIVN vs TSLA
+0.170
Weak positive
When one moves up, the other tends to follow.
Rivian Automotive, Inc. Class A Common Stock
↗RIVN
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.
Market cap 19B · 15,232 employees
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
Time Series
Relative Performance
Who Moves First
in sync
RIVN and TSLA tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.170 (they moved in the same direction).
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
-0.145
12 periods · Return correlation when both series rose
Both Falling
+0.442
14 periods · Return correlation when both series fell
Diverging
-0.788
9 periods · Return correlation when series moved apart
R-Squared
2.9%
Share of variance in one series explained by the other.
Trend Agreement
67.8%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,104
Deep shared window — 1,104 usable pairs.
Significance
p < 0.001
95% CI: [0.112, 0.227]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,104 paired data points survived the daily window.
Raw input
1,104
1,254
Normalized
1,104
1,254
Prepared
1,104
1,254
Aligned
1,104
1,104
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
150
A: 0 / B: 150
Series A
Rivian Automotive, Inc. Class A Common Stock
RIVN
Market cap 19B · 15,232 employees
Stock · 1,104 raw → 1,104 prepared
Series B
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
40
Estimated crossover points between normalized spreads.
Slope
0.6891
Linear regression slope.
Intercept
261.6643
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
RIVN
Rivian Automotive, Inc. Class A Common Stock
Highest
+0.027
Johnson & Johnson
JNJ · 1,104 data points
Lowest
-0.728
Exxon Mobil Corporation
XOM · 1,104 data points
TSLA
Tesla, Inc. Common Stock
Highest
+0.870
Reddit, Inc.
RDDT · 512 data points
Lowest
-0.817
Elevance Health, Inc.
ELV · 947 data points
Saved 4 hours ago · ID: stock-rivn-vs-stock-tsla-daily