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Correlation Analysis

Tesla, Inc. Common Stock vs MARATHON PETROLEUM CORPORATION

TSLA vs MPC

+0.226

Light 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

MPC logo

MARATHON PETROLEUM CORPORATION

MPC

Marathon Petroleum is a leading integrated downstream and midstream energy company that operates 13 refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States with an aggregate crude oil refining capacity of 3.0 million barrels per day. The company is one of the largest producers of renewable diesel in the U.S.; its Dickinson, North Dakota facility has the capacity to produce 184 million gallons per year, and its Martinez, California, joint venture facility (a 50/50 partnership with Neste) reached its full capacity of 730 million gallons per year in late 2024. Marathon also owns the general partner and approximately 64% of MPLX LP, a large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets.

Market cap 71.1B · 18,500 employees

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

Time Series

Relative Performance

Green: TSLAGray: MPC36 of 1,254 points (sampled)

Who Moves First

TSLA leads MPC by 6 days

TSLA tends to move before MPC.

After testing 13 timing shifts, the strongest relationship was +0.226 (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

+0.213

11 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.594

20 periods · Return correlation when series moved apart

R-Squared

5.1%

Share of variance in one series explained by the other.

Trend Agreement

53.6%

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: [0.172, 0.277]

Scatter

XY Regression

11020030040050050937.450100150200250260.8Tesla, Inc. Common StockMARATHON PETROLEUM CORPORATIONData pointsFit (r = 0.226)

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

MPC logo

MARATHON PETROLEUM CORPORATION

MPC

Market cap 71.1B · 18,500 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

39

Estimated crossover points between normalized spreads.

Slope

0.1239

Linear regression slope.

Intercept

97.9692

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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