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Correlation Analysis

Tesla, Inc. Common Stock vs Motorola Solutions, Inc. New

TSLA vs MSI

+0.446

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

MSI logo

Motorola Solutions, Inc. New

MSI

Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment, dispatch software, and other networking capabilities. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Market cap 73.4B · 23,000 employees

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

Time Series

Relative Performance

Green: TSLAGray: MSI36 of 1,254 points (sampled)

Who Moves First

MSI leads TSLA by 6 days

MSI tends to move before TSLA.

After testing 13 timing shifts, the strongest relationship was +0.460 (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

-0.454

14 periods · Return correlation when both series rose

Both Falling

+0.215

6 periods · Return correlation when both series fell

Diverging

-0.663

15 periods · Return correlation when series moved apart

R-Squared

19.9%

Share of variance in one series explained by the other.

Trend Agreement

55.9%

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: [0.401, 0.489]

Scatter

XY Regression

110200300400500509167.8200250300350400450500505Tesla, Inc. Common StockMotorola Solutions, Inc. NewData pointsFit (r = 0.446)

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

MSI logo

Motorola Solutions, Inc. New

MSI

Market cap 73.4B · 23,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

17

Estimated crossover points between normalized spreads.

Slope

0.4873

Linear regression slope.

Intercept

191.7595

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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