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Correlation Analysis

Tesla, Inc. Common Stock vs Starbucks Corp

TSLA vs SBUX

-0.132

Weak inverse

When one moves up, the other tends to move down.

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

SBUX logo

Starbucks Corp

SBUX

Starbucks stands out as the world's biggest and most recognizable coffee brand, powered by ultracustomizable beverages in-store and a sweeping footprint of nearly 41,000 cafes in over 80 countries. About 52% are company-operated, with the balance run by licensees. The company operates roasteries and sells across its North America (74% of revenue as of the end of fiscal 2025), international (21%), and channel development (5%) segments. The brand collects revenue from company-operated stores, licensee royalties, equipment and product sales, retail ready-to-drink beverages, and packaged coffee.

Market cap 108B · 381,000 employees

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

Time Series

Relative Performance

Green: TSLAGray: SBUX36 of 1,254 points (sampled)

Who Moves First

TSLA leads SBUX by 6 days

TSLA tends to move before SBUX.

After testing 13 timing shifts, the strongest relationship was -0.141 (they moved in opposite directions).

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

-0.631

10 periods · Return correlation when both series rose

Both Falling

+0.400

9 periods · Return correlation when both series fell

Diverging

-0.716

16 periods · Return correlation when series moved apart

R-Squared

1.7%

Share of variance in one series explained by the other.

Trend Agreement

58.6%

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: [-0.186, -0.077]

Scatter

XY Regression

11020030040050050970.38090100110120126.5Tesla, Inc. Common StockStarbucks CorpData pointsFit (r = -0.132)

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

SBUX logo

Starbucks Corp

SBUX

Market cap 108B · 381,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

33

Estimated crossover points between normalized spreads.

Slope

-0.0186

Linear regression slope.

Intercept

100.6242

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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