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Correlation Analysis

Tesla, Inc. Common Stock vs Mastercard Incorporated

TSLA vs MA

+0.521

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

MA logo

Mastercard Incorporated

MA

Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Market cap 447.2B

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

Time Series

Relative Performance

Green: TSLAGray: MA36 of 1,254 points (sampled)

Who Moves First

MA leads TSLA by 6 days

MA tends to move before TSLA.

After testing 13 timing shifts, the strongest relationship was +0.528 (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

+0.305

12 periods · Return correlation when both series rose

Both Falling

+0.436

9 periods · Return correlation when both series fell

Diverging

-0.742

14 periods · Return correlation when series moved apart

R-Squared

27.1%

Share of variance in one series explained by the other.

Trend Agreement

58.8%

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: [0.479, 0.560]

Scatter

XY Regression

110200300400500509308.1350400450500550599.5Tesla, Inc. Common StockMastercard IncorporatedData pointsFit (r = 0.521)

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

MA logo

Mastercard Incorporated

MA

Market cap 447.2B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

42

Estimated crossover points between normalized spreads.

Slope

0.5372

Linear regression slope.

Intercept

285.1304

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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