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Correlation Analysis

Tesla, Inc. Common Stock vs KKR & Co. Inc.

TSLA vs KKR

+0.526

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

KKR logo

KKR & Co. Inc.

KKR

KKR is one of the world's largest alternative asset managers, with $723.2 billion in total managed assets, including $585.0 billion in fee-earning AUM, at the end of September 2025. The company has two core segments: asset management (which includes private markets-private equity, credit, infrastructure, energy, and real estate-and public markets-primarily credit and hedge/investment fund platforms) and insurance (following the firm's initial investment in, and then ultimate purchase of, Global Atlantic Financial Group, which is engaged in retirement/annuity and life insurance lines as well as reinsurance).

Market cap 81.2B · 4,200 employees

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

Time Series

Rebased to 100

Green: TSLAGray: KKR36 of 1,254 points (sampled)

Who Moves First

KKR leads TSLA by 6 days

KKR tends to move before TSLA.

Best correlation after shifting: +0.541 (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

+0.316

14 periods · Return correlation when both series rose

Both Falling

+0.213

11 periods · Return correlation when both series fell

Diverging

-0.831

10 periods · Return correlation when series moved apart

R-Squared

27.7%

Share of variance in one series explained by the other.

Trend Agreement

64.9%

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: [0.485, 0.565]

Scatter

XY Regression

11020030040050050939.9406080100120140152Tesla, Inc. Common StockKKR & Co. Inc.Data pointsFit (r = 0.526)

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

KKR logo

KKR & Co. Inc.

KKR

Market cap 81.2B · 4,200 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

45

Estimated crossover points between normalized spreads.

Slope

0.2185

Linear regression slope.

Intercept

26.6477

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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