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Correlation Analysis

Tesla, Inc. Common Stock vs CrowdStrike Holdings, Inc. Class A Common Stock

TSLA vs CRWD

+0.645

Moderate positive

When one moves up, the other tends to follow.

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

CRWD logo

CrowdStrike Holdings, Inc. Class A Common Stock

CRWD

CrowdStrike is a cloud-native cybersecurity company specializing in security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform, which provides enterprises with a unified view to detect and respond to security threats across their IT infrastructure. The Austin, Texas-based firm was founded in 2011 and went public in 2019.

Market cap 101.1B · 10,698 employees

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

Time Series

Relative Performance

Green: TSLAGray: CRWD36 of 1,254 points (sampled)

Who Moves First

CRWD leads TSLA by 6 days

CRWD tends to move before TSLA.

After testing 13 timing shifts, the strongest relationship was +0.649 (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

+0.240

14 periods · Return correlation when both series rose

Both Falling

+0.499

9 periods · Return correlation when both series fell

Diverging

-0.643

12 periods · Return correlation when series moved apart

R-Squared

41.6%

Share of variance in one series explained by the other.

Trend Agreement

65.0%

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: [0.611, 0.676]

Scatter

XY Regression

11020030040050050973100200300400500573Tesla, Inc. Common StockCrowdStrike Holdings, Inc. Class A Common StockData pointsFit (r = 0.645)

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

TSLA logo

Tesla, Inc. Common Stock

TSLA

Market cap 1.3T

Stock · 1,254 raw → 1,254 prepared

Series B

CRWD logo

CrowdStrike Holdings, Inc. Class A Common Stock

CRWD

Market cap 101.1B · 10,698 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

33

Estimated crossover points between normalized spreads.

Slope

0.9189

Linear regression slope.

Intercept

23.1597

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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