Correlation Analysis
Tesla, Inc. Common Stock vs CoreWeave, Inc. Class A Common Stock
TSLA vs CRWV
+0.149
Weak positive
When one moves up, the other tends to follow.
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
CoreWeave, Inc. Class A Common Stock
↗CRWV
CoreWeave Inc is a modern cloud infrastructure technology company that offers the CoreWeave Cloud Platform, which consists of proprietary software and cloud services that deliver the automation and efficiency needed to manage complex AI infrastructure at scale. Its platform supports the development and use of ground-breaking models and the delivery of the next generation of AI applications that are changing the way of living and working across the globe.
Market cap 42.5B · 2,189 employees
Time Series
Relative Performance
Who Moves First
in sync
TSLA and CRWV tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.149 (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
+0.433
11 periods · Return correlation when both series rose
Both Falling
-0.356
8 periods · Return correlation when both series fell
Diverging
-0.690
16 periods · Return correlation when series moved apart
R-Squared
2.2%
Share of variance in one series explained by the other.
Trend Agreement
60.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
257
Robust shared window — 257 usable pairs.
Significance
p < 0.05
95% CI: [0.027, 0.266]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
257 paired data points survived the daily window.
Raw input
1,254
257
Normalized
1,254
257
Prepared
1,254
257
Aligned
257
257
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
997
A: 997 / B: 0
Series A
Tesla, Inc. Common Stock
TSLA
Market cap 1.3T
Stock · 1,254 raw → 1,254 prepared
Series B
CoreWeave, Inc. Class A Common Stock
CRWV
Market cap 42.5B · 2,189 employees
Stock · 257 raw → 257 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
6
Estimated crossover points between normalized spreads.
Slope
0.0755
Linear regression slope.
Intercept
70.8236
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
TSLA
Tesla, Inc. Common Stock
Highest
+0.870
Reddit, Inc.
RDDT · 512 data points
Lowest
-0.817
Elevance Health, Inc.
ELV · 947 data points
CRWV
CoreWeave, Inc. Class A Common Stock
Highest
+0.579
NetFlix Inc
NFLX · 257 data points
Lowest
-0.343
Eli Lilly & Co.
LLY · 257 data points
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