what is the correlation between tesla and the nasdaq

Since January 1, 2025, the Nasdaq Composite (IXIC) has returned 11.4% and Tesla (TSLA) has returned -15.3%.

DATE Tesla the Nasdaq Composite
August 15 2025
$330.56
$21,622.98
August 14 2025
$335.58
$21,710.67
August 13 2025
$339.38
$21,713.14
August 12 2025
$340.84
$21,681.90
August 11 2025
$339.03
$21,385.40
August 08 2025
$329.65
$21,450.02
August 07 2025
$322.27
$21,242.70
August 06 2025
$319.91
$21,169.42
August 05 2025
$308.72
$20,916.55
August 04 2025
$309.26
$21,053.58
August 01 2025
$302.63
$20,650.13
July 31 2025
$308.27
$21,122.45
July 30 2025
$319.04
$21,129.67
July 29 2025
$321.20
$21,098.29
July 28 2025
$325.59
$21,178.58
July 25 2025
$316.06
$21,108.32
July 24 2025
$305.30
$21,057.96
July 23 2025
$332.56
$21,020.02
July 22 2025
$332.11
$20,892.69
July 21 2025
$328.49
$20,974.18
July 18 2025
$329.65
$20,895.65
July 17 2025
$319.41
$20,885.65
July 16 2025
$321.67
$20,730.49
July 15 2025
$310.78
$20,677.80
July 14 2025
$316.90
$20,640.33