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Correlation Analysis

Tesla, Inc. Common Stock vs Intuitive Surgical Inc.

TSLA vs ISRG

+0.565

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

ISRG logo

Intuitive Surgical Inc.

ISRG

Intuitive develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 10,000 da Vinci systems in hospitals worldwide, with more than 6,000 installations in the US and a growing number in emerging markets.

Market cap 160.7B · 17,021 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockConsumerHealthcare

Time Series

Rebased to 100

Green: TSLAGray: ISRG36 of 1,254 points (sampled)

Who Moves First

ISRG leads TSLA by 6 days

ISRG tends to move before TSLA.

Best correlation after shifting: +0.570 (13 shifts scanned)

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

-0.004

15 periods · Return correlation when both series rose

Both Falling

+0.499

7 periods · Return correlation when both series fell

Diverging

-0.698

13 periods · Return correlation when series moved apart

R-Squared

31.9%

Share of variance in one series explained by the other.

Trend Agreement

63.1%

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: [0.526, 0.602]

Scatter

XY Regression

110200300400500509189200300400500600621Tesla, Inc. Common StockIntuitive Surgical Inc.Data pointsFit (r = 0.565)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations 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

ISRG logo

Intuitive Surgical Inc.

ISRG

Market cap 160.7B · 17,021 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

37

Estimated crossover points between normalized spreads.

Slope

0.7765

Linear regression slope.

Intercept

160.9617

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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