Tesla Inc's Suppliers Performance
TSLA's Supply Chain
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TSLA Costs vs Sales of Suppliers Growth |
Revenues of Tesla Inc's Suppliers, deteriorated by -11.15 % compared to the same quarter a year ago, from the previous quarter, sales fell by -4.92 %, Tesla Inc recorded an increase in cost of sales by 5.28 % year on year, relative to one quarter ago cost of sales fell by -3.52 % in Q3.
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Tesla Inc's Suppliers realized a deteriorated in sales by -11.15 % compared to the same quarter a year ago, from the previous quarter, sales fell by -4.92 %, Tesla Inc recorded increase in cost of sales by 5.28 % year on year, compare to one quarter ago cost of sales fell by -3.52 % in Q3.
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News about
Tesla Inc Contracts
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Tesla Inc's Comment on Supply Chain
Model S uses over 2,000 purchased parts which we source globally from over
300 suppliers, the majority of whom are currently our single source suppliers
for these components. We have developed close relationships with several key
suppliers particularly in the procurement of cells and certain other key system
parts. While we obtain components from multiple sources whenever possible, similar
to other automobile manufacturers, many of the components used in our vehicles
are purchased by us from a single source.
To date, we have not qualified alternative sources for most of the single
sourced components used in our vehicles and we generally do not maintain long-term
agreements with our suppliers. While we believe that we may be able to establish
alternate supply relationships and can obtain or engineer replacement components
for our single source components, we may be unable to do so in the short term
or at all at prices or costs that are favorable to us. For example, while several
sources of the battery cell we have selected for our battery packs are available,
we have fully qualified only two cells from one supplier for these cells. Any
disruption in the supply of either battery cells could temporarily disrupt production
of the vehicles until such time as a different cell is fully qualified and there
can be no assurance that we would be able to successfully retain alternative
sources of supply on a timely basis. Moreover, battery cell manufacturers may
not supply us at reasonable prices or on reasonable terms or may choose to refuse
to supply electric vehicle manufacturers to the extent they determine that the
vehicles are not sufficiently safe.
We use various raw materials in our business including aluminum, steel, nickel
and copper. The prices for these raw materials fluctuate depending on market
conditions and global demand for these materials. We believe that we have adequate
supplies or sources of availability of the raw materials necessary to meet our
manufacturing and supply requirements. There are always risks and uncertainties,
however, with respect to the supply of raw materials that could impact their
availability in sufficient quantities or reasonable prices to meet our needs.
Tesla works with several key battery suppliers to ensure we have the necessary components for our electric vehicles (EVs) and energy storage products. Here?s a look at our major partners:
1. Panasonic
Partnership: Panasonic has been our longest-standing partner, providing battery cells for our vehicles since the Model S.
Gigafactory Collaboration: Together, we co-own Gigafactory 1 in Nevada, where Panasonic produces lithium-ion battery cells, and we assemble them into battery packs.
Contribution: Panasonic primarily supplies us with nickel-cobalt-aluminum (NCA) batteries, which power our long-range EVs.
2. CATL (Contemporary Amperex Technology Co. Limited)
Partnership: CATL is a key supplier for the Model 3 and Model Y we manufacture in China.
Battery Chemistry: They provide lithium iron phosphate (LFP) batteries, which are lower-cost and cobalt-free, though less energy-dense compared to nickel-based batteries. We use these in our standard range vehicles.
3. LG Energy Solution
Partnership: LG Energy Solution, a subsidiary of LG Chem, supplies batteries for our Model 3 and Model Y vehicles made in China and some other regions outside North America.
Battery Chemistry: Like Panasonic, LG provides us with nickel-cobalt-manganese (NCM) batteries, which are widely used in EVs.
4. BYD (Build Your Dreams)
Partnership: While not as prominent as our other suppliers, there have been reports of us considering BYD as a partner, particularly for LFP batteries in the Chinese market.
Our Own Efforts
Battery Day Announcements: We?re also working on developing our own in-house battery technology, aiming to produce our 4680 battery cells. These cells are larger and designed to improve range and reduce costs. We?re scaling up production at our facilities, including Gigafactory Texas and Berlin.
By diversifying our battery supply chain, we can improve battery performance, reduce costs, and meet the growing demand for our vehicles worldwide.
Tesla relies on a wide range of suppliers beyond just battery manufacturers to build our electric vehicles (EVs) and energy products. These suppliers provide everything from raw materials to specialized components. Some of our key suppliers include:
1. Semiconductor Suppliers
Infineon Technologies: They supply various power semiconductors, including IGBTs and MOSFETs, used in our power electronics.
NXP Semiconductors: Provides microcontrollers for our in-vehicle systems and autonomous driving technology.
STMicroelectronics: Supplies components for our infotainment and electric control units.
2. Raw Materials Suppliers
Glencore: We source cobalt from Glencore for our battery production. Cobalt is a key material in lithium-ion batteries.
Albemarle Corporation: Supplies us with lithium, another essential material for our batteries.
BHP: Provides nickel, which is crucial for the production of our high-performance lithium-ion batteries.
3. Automotive Parts Suppliers
Brembo: Supplies brakes for our vehicles, including high-performance braking systems.
Continental AG: Provides tires, electronics, and other automotive components.
Hota Industrial: Supplies us with gears and transmission parts.
4. Glass and Interior Components
AGC Automotive: Supplies automotive glass used in our vehicles.
Fuyao Glass: Another supplier of glass components, primarily for our windshields and windows.
Inteva Products: Provides interior components such as door panels and dashboards for our vehicles.
5. Autonomous Driving and Sensors
Aptiv: Provides sensor and electrical distribution systems for our Autopilot and self-driving technologies.
Luminar (potentially for future use): We?ve considered using Luminar?s LIDAR technology in some of our applications.
6. Energy and Electronics
Samsung SDI: Another supplier of battery cells, particularly for our energy storage products.
Foxconn: Provides electronic components for our infotainment systems and in-vehicle electronics.
7. Logistics and Assembly
Modine Manufacturing: Provides cooling systems that help regulate our battery temperatures.
Jabil Inc.: Supplies various electronic and mechanical components for our manufacturing needs.
8. Software and Networking
NVIDIA: Initially, we used NVIDIA chips for our self-driving systems, though we?ve since developed our own custom Full Self-Driving (FSD) computer.
Broadcom: Supplies chips for networking and communications within our vehicles.
Our supply chain is vast and constantly evolving as we scale production and innovate across our product line. We also focus heavily on vertical integration, making efforts to produce more components in-house, such as developing our own chips and battery technology.
Tesla Inc's Comment on Supply Chain
Model S uses over 2,000 purchased parts which we source globally from over
300 suppliers, the majority of whom are currently our single source suppliers
for these components. We have developed close relationships with several key
suppliers particularly in the procurement of cells and certain other key system
parts. While we obtain components from multiple sources whenever possible, similar
to other automobile manufacturers, many of the components used in our vehicles
are purchased by us from a single source.
To date, we have not qualified alternative sources for most of the single
sourced components used in our vehicles and we generally do not maintain long-term
agreements with our suppliers. While we believe that we may be able to establish
alternate supply relationships and can obtain or engineer replacement components
for our single source components, we may be unable to do so in the short term
or at all at prices or costs that are favorable to us. For example, while several
sources of the battery cell we have selected for our battery packs are available,
we have fully qualified only two cells from one supplier for these cells. Any
disruption in the supply of either battery cells could temporarily disrupt production
of the vehicles until such time as a different cell is fully qualified and there
can be no assurance that we would be able to successfully retain alternative
sources of supply on a timely basis. Moreover, battery cell manufacturers may
not supply us at reasonable prices or on reasonable terms or may choose to refuse
to supply electric vehicle manufacturers to the extent they determine that the
vehicles are not sufficiently safe.
We use various raw materials in our business including aluminum, steel, nickel
and copper. The prices for these raw materials fluctuate depending on market
conditions and global demand for these materials. We believe that we have adequate
supplies or sources of availability of the raw materials necessary to meet our
manufacturing and supply requirements. There are always risks and uncertainties,
however, with respect to the supply of raw materials that could impact their
availability in sufficient quantities or reasonable prices to meet our needs.
Tesla works with several key battery suppliers to ensure we have the necessary components for our electric vehicles (EVs) and energy storage products. Here?s a look at our major partners:
1. Panasonic
Partnership: Panasonic has been our longest-standing partner, providing battery cells for our vehicles since the Model S.
Gigafactory Collaboration: Together, we co-own Gigafactory 1 in Nevada, where Panasonic produces lithium-ion battery cells, and we assemble them into battery packs.
Contribution: Panasonic primarily supplies us with nickel-cobalt-aluminum (NCA) batteries, which power our long-range EVs.
2. CATL (Contemporary Amperex Technology Co. Limited)
Partnership: CATL is a key supplier for the Model 3 and Model Y we manufacture in China.
Battery Chemistry: They provide lithium iron phosphate (LFP) batteries, which are lower-cost and cobalt-free, though less energy-dense compared to nickel-based batteries. We use these in our standard range vehicles.
3. LG Energy Solution
Partnership: LG Energy Solution, a subsidiary of LG Chem, supplies batteries for our Model 3 and Model Y vehicles made in China and some other regions outside North America.
Battery Chemistry: Like Panasonic, LG provides us with nickel-cobalt-manganese (NCM) batteries, which are widely used in EVs.
4. BYD (Build Your Dreams)
Partnership: While not as prominent as our other suppliers, there have been reports of us considering BYD as a partner, particularly for LFP batteries in the Chinese market.
Our Own Efforts
Battery Day Announcements: We?re also working on developing our own in-house battery technology, aiming to produce our 4680 battery cells. These cells are larger and designed to improve range and reduce costs. We?re scaling up production at our facilities, including Gigafactory Texas and Berlin.
By diversifying our battery supply chain, we can improve battery performance, reduce costs, and meet the growing demand for our vehicles worldwide.
Tesla relies on a wide range of suppliers beyond just battery manufacturers to build our electric vehicles (EVs) and energy products. These suppliers provide everything from raw materials to specialized components. Some of our key suppliers include:
1. Semiconductor Suppliers
Infineon Technologies: They supply various power semiconductors, including IGBTs and MOSFETs, used in our power electronics.
NXP Semiconductors: Provides microcontrollers for our in-vehicle systems and autonomous driving technology.
STMicroelectronics: Supplies components for our infotainment and electric control units.
2. Raw Materials Suppliers
Glencore: We source cobalt from Glencore for our battery production. Cobalt is a key material in lithium-ion batteries.
Albemarle Corporation: Supplies us with lithium, another essential material for our batteries.
BHP: Provides nickel, which is crucial for the production of our high-performance lithium-ion batteries.
3. Automotive Parts Suppliers
Brembo: Supplies brakes for our vehicles, including high-performance braking systems.
Continental AG: Provides tires, electronics, and other automotive components.
Hota Industrial: Supplies us with gears and transmission parts.
4. Glass and Interior Components
AGC Automotive: Supplies automotive glass used in our vehicles.
Fuyao Glass: Another supplier of glass components, primarily for our windshields and windows.
Inteva Products: Provides interior components such as door panels and dashboards for our vehicles.
5. Autonomous Driving and Sensors
Aptiv: Provides sensor and electrical distribution systems for our Autopilot and self-driving technologies.
Luminar (potentially for future use): We?ve considered using Luminar?s LIDAR technology in some of our applications.
6. Energy and Electronics
Samsung SDI: Another supplier of battery cells, particularly for our energy storage products.
Foxconn: Provides electronic components for our infotainment systems and in-vehicle electronics.
7. Logistics and Assembly
Modine Manufacturing: Provides cooling systems that help regulate our battery temperatures.
Jabil Inc.: Supplies various electronic and mechanical components for our manufacturing needs.
8. Software and Networking
NVIDIA: Initially, we used NVIDIA chips for our self-driving systems, though we?ve since developed our own custom Full Self-Driving (FSD) computer.
Broadcom: Supplies chips for networking and communications within our vehicles.
Our supply chain is vast and constantly evolving as we scale production and innovate across our product line. We also focus heavily on vertical integration, making efforts to produce more components in-house, such as developing our own chips and battery technology.
TSLA's Suppliers Net Income grew by |
TSLA's Suppliers Net margin grew in Q3 to |
44.54 % |
17.06 % |
TSLA's Suppliers Net Income grew by 44.54 % |
TSLA's Suppliers Net margin grew in Q3 to 17.06 % |
TSLA's vs. Suppliers, Data
(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)
COMPANY NAME |
MARKET CAP |
REVENUES |
INCOME |
EMPLOYEES |
Tesla Inc
|
1,421,810.26 |
97,150.00 |
12,764.00 |
140,473 |
Alcoa Corp
|
8,865.00 |
11,004.00 |
-405.00 |
13,600 |
Alcoa Corp's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.589 |
Century Aluminum Company
|
1,916.86 |
2,985.80 |
39.60 |
2,400 |
The revenue of Century Aluminum Company does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.095 |
Ati Inc
|
8,496.34 |
4,251.50 |
433.10 |
7,300 |
Ati Inc 's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.464 |
Csx Corporation
|
63,418.60 |
14,681.00 |
3,636.00 |
23,000 |
The revenue of Csx Corporation does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.097 |
Dow Inc
|
29,107.93 |
43,180.00 |
1,141.00 |
35,900 |
The revenue of Dow Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.010 |
Dupont De Nemours Inc
|
38,710.94 |
14,184.00 |
1,905.00 |
24,000 |
Dupont De Nemours Inc 's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.537 |
Eastman Chemical Co
|
10,936.29 |
9,108.00 |
927.00 |
14,500 |
The revenue of Eastman Chemical Co does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.126 |
Eaton Corporation Plc
|
147,702.69 |
20,322.00 |
2,293.00 |
94,000 |
The factor of 0.360 indicates a mild correlation between Eaton Corporation Plc's revenue and those of Tesla Inc . |
Emerson Electric Co
|
74,933.18 |
17,406.00 |
1,955.00 |
73,000 |
The revenue of Emerson Electric Co does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.035 |
Genuine Parts Co
|
16,682.30 |
20,519.11 |
1,102.95 |
60,000 |
The factor of 0.304 indicates a mild correlation between Genuine Parts Co's revenue and those of Tesla Inc . |
The Goodyear Tire and Rubber Company
|
2,697.80 |
19,047.00 |
-308.00 |
71,000 |
The factor of 0.197 indicates a mild correlation between The Goodyear Tire and Rubber Company's revenue and those of Tesla Inc . The revenue of The Goodyear Tire and Rubber Company does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.197 |
Trane Technologies Plc
|
93,801.24 |
15,487.10 |
1,651.80 |
40,000 |
Trane Technologies Plc's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.540 |
Nucor Corporation
|
28,925.95 |
31,362.95 |
2,846.76 |
26,000 |
A negative correlation coefficient of -0.152 implies that the revenue of Nucor Corporation does not correlate significantly with that of Tesla Inc . |
Parker hannifin Corporation
|
88,417.70 |
16,331.57 |
1,252.76 |
61,120 |
A negative correlation coefficient of -0.090 implies that the revenue of Parker hannifin Corporation does not correlate significantly with that of Tesla Inc . |
Ppg Industries Inc
|
29,060.88 |
18,523.00 |
1,390.00 |
47,000 |
Ppg Industries Inc's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.445 |
Qualcomm Inc
|
195,814.86 |
44,200.00 |
12,936.00 |
49,000 |
The factor of 0.241 indicates a mild correlation between Qualcomm Inc's revenue and those of Tesla Inc . |
Textron Inc
|
16,386.79 |
12,555.00 |
652.00 |
35,000 |
Textron Inc 's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.691 |
Union Pacific Corp
|
154,616.77 |
24,428.00 |
7,071.00 |
32,973 |
The factor of 0.218 indicates a mild correlation between Union Pacific Corp's revenue and those of Tesla Inc . |
Visteon Corp
|
2,446.86 |
4,040.00 |
145.00 |
10,000 |
Visteon Corp's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.500 |
Worthington Enterprises Inc
|
2,130.99 |
5,242.22 |
399.26 |
9,220 |
A negative correlation coefficient of -0.305 implies that the revenue of Worthington Enterprises Inc does not correlate significantly with that of Tesla Inc . |
Ecopetrol S a
|
17,332.08 |
36,502.82 |
6,470.82 |
24,000 |
The revenue of Ecopetrol S a does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.036 |
Danaher Corporation
|
183,342.22 |
29,566.00 |
5,917.00 |
63,000 |
A negative correlation coefficient of -0.220 implies that the revenue of Danaher Corporation does not correlate significantly with that of Tesla Inc . |
Leggett and Platt Inc
|
1,454.91 |
5,395.40 |
355.00 |
19,300 |
The revenue of Leggett and Platt Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.057 |
United States Steel Corp
|
9,274.56 |
16,275.00 |
393.00 |
24,000 |
A negative correlation coefficient of -0.045 implies that the revenue of United States Steel Corp does not correlate significantly with that of Tesla Inc . |
Honeywell International Inc
|
150,782.25 |
34,937.00 |
5,388.00 |
95,000 |
Honeywell International Inc's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.650 |
Corning Inc
|
45,337.50 |
12,611.00 |
224.00 |
50,000 |
Corning Inc's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.511 |
Johnson Controls International Plc
|
55,209.52 |
22,952.00 |
1,900.00 |
81,000 |
A negative correlation coefficient of -0.279 implies that the revenue of Johnson Controls International Plc does not correlate significantly with that of Tesla Inc . |
3m Company
|
85,175.10 |
34,762.00 |
6,588.00 |
85,000 |
|
Illinois Tool Works Inc
|
80,491.03 |
15,640.00 |
2,736.00 |
45,000 |
The factor of 0.195 indicates a mild correlation between Illinois Tool Works Inc's revenue and those of Tesla Inc . The revenue of Illinois Tool Works Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.195 |
Dana Incorporated
|
2,205.52 |
10,443.00 |
-6.00 |
38,300 |
A negative correlation coefficient of -0.377 implies that the revenue of Dana Incorporated does not correlate significantly with that of Tesla Inc . |
Te Connectivity Plc
|
50,279.43 |
16,281.00 |
2,428.00 |
87,000 |
A negative correlation coefficient of -0.207 implies that the revenue of Te Connectivity Plc does not correlate significantly with that of Tesla Inc . |
Dover Corp
|
28,466.60 |
8,358.14 |
2,589.39 |
25,000 |
A negative correlation coefficient of -0.016 implies that the revenue of Dover Corp does not correlate significantly with that of Tesla Inc . |
General Electric Company
|
214,341.76 |
54,412.00 |
6,264.00 |
125,000 |
A negative correlation coefficient of -0.248 implies that the revenue of General Electric Company does not correlate significantly with that of Tesla Inc . |
Roper Technologies Inc
|
56,750.32 |
5,386.50 |
2,904.10 |
10,900 |
The revenue of Roper Technologies Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.066 |
Centerpoint Energy Inc
|
20,775.12 |
8,567.00 |
1,052.00 |
7,500 |
The revenue of Centerpoint Energy Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.053 |
Cms energy Corporation
|
19,156.57 |
6,921.00 |
886.00 |
9,122 |
The factor of 0.358 indicates a mild correlation between Cms energy Corporation's revenue and those of Tesla Inc . |
Consolidated Edison Inc
|
31,392.90 |
15,249.00 |
2,355.00 |
14,592 |
|
Dominion Energy Inc
|
45,553.50 |
12,596.00 |
2,435.00 |
16,000 |
A negative correlation coefficient of -0.284 implies that the revenue of Dominion Energy Inc does not correlate significantly with that of Tesla Inc . |
Edison International
|
22,547.21 |
16,535.00 |
925.00 |
12,000 |
The revenue of Edison International does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.134 |
Firstenergy Corp
|
22,624.17 |
13,442.00 |
1,023.00 |
12,042 |
A negative correlation coefficient of -0.021 implies that the revenue of Firstenergy Corp does not correlate significantly with that of Tesla Inc . |
Nisource Inc
|
16,742.78 |
11,109.20 |
723.80 |
7,364 |
A negative correlation coefficient of -0.046 implies that the revenue of Nisource Inc does not correlate significantly with that of Tesla Inc . |
Pg and e Corp
|
35,445.22 |
24,829.00 |
2,761.00 |
28,000 |
The revenue of Pg and e Corp does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.118 |
Pinnacle West Capital Corporation
|
9,728.32 |
4,113.93 |
552.40 |
6,100 |
The factor of 0.311 indicates a mild correlation between Pinnacle West Capital Corporation's revenue and those of Tesla Inc . |
Ppl Corporation
|
24,224.96 |
8,294.00 |
941.00 |
6,629 |
A negative correlation coefficient of -0.316 implies that the revenue of Ppl Corporation does not correlate significantly with that of Tesla Inc . |
Public Service Enterprise Group Incorporated
|
44,025.00 |
9,717.00 |
688.00 |
12,000 |
A negative correlation coefficient of -0.330 implies that the revenue of Public Service Enterprise Group Incorporated does not correlate significantly with that of Tesla Inc . |
Sempra
|
13,071.78 |
14,828.00 |
2,589.00 |
17,000 |
A negative correlation coefficient of -0.366 implies that the revenue of Sempra does not correlate significantly with that of Tesla Inc . |
The Southern Company
|
89,073.16 |
21,025.00 |
3,526.00 |
28,100 |
The factor of 0.250 indicates a mild correlation between The Southern Company's revenue and those of Tesla Inc . |
Xcel Energy Inc
|
37,634.65 |
25,195.00 |
1,881.00 |
11,311 |
A negative correlation coefficient of -0.303 implies that the revenue of Xcel Energy Inc does not correlate significantly with that of Tesla Inc . |
Wec Energy Group Inc
|
31,020.17 |
8,533.20 |
1,289.70 |
7,000 |
|
Ameren Corporation
|
24,424.14 |
7,808.00 |
1,152.00 |
17,000 |
A negative correlation coefficient of -0.192 implies that the revenue of Ameren Corporation does not correlate significantly with that of Tesla Inc . |
Nrg Energy Inc
|
24,047.18 |
28,841.00 |
2,074.00 |
7,900 |
|
Exelon Corporation
|
38,671.16 |
26,391.00 |
2,768.00 |
19,962 |
|
Entergy Corporation
|
17,799.09 |
11,862.15 |
1,762.31 |
12,000 |
The revenue of Entergy Corporation does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.038 |
Garmin Ltd
|
41,324.75 |
5,646.77 |
1,375.96 |
16,200 |
Garmin Ltd's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.495 |
Accenture Plc
|
231,495.48 |
62,376.95 |
7,031.82 |
774,000 |
The revenue of Accenture Plc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.020 |
Aptiv Plc
|
17,195.87 |
16,983.00 |
363.00 |
123,000 |
The revenue of Aptiv Plc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.149 |
Ptc Inc
|
22,792.27 |
2,303.64 |
360.54 |
7,501 |
A negative correlation coefficient of -0.089 implies that the revenue of Ptc Inc does not correlate significantly with that of Tesla Inc . |
Pam Transportation Services Inc
|
430.39 |
728.29 |
-2.45 |
2,512 |
A negative correlation coefficient of -0.087 implies that the revenue of Pam Transportation Services Inc does not correlate significantly with that of Tesla Inc . |
Donaldson Company Inc
|
8,955.49 |
3,393.00 |
342.90 |
14,000 |
A negative correlation coefficient of -0.055 implies that the revenue of Donaldson Company Inc does not correlate significantly with that of Tesla Inc . |
The Gorman rupp Company
|
992.98 |
655.24 |
34.17 |
1,450 |
The factor of 0.322 indicates a mild correlation between The Gorman rupp Company's revenue and those of Tesla Inc . |
Idex Corp
|
16,673.73 |
3,086.00 |
575.44 |
8,800 |
The revenue of Idex Corp does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.010 |
Graco Inc
|
14,777.23 |
2,131.29 |
487.33 |
4,000 |
Among Tesla Inc suppliers, the revenue of Graco Inc has shown a strong correlation over the past 2 years. The correlation coefficient is 0.758 |
Kaman Corporation
|
1,282.94 |
708.99 |
43.68 |
4,300 |
A negative correlation coefficient of -0.046 implies that the revenue of Kaman Corporation does not correlate significantly with that of Tesla Inc . |
Hollysys Automation Technologies Ltd
|
1,638.95 |
729.49 |
107.07 |
2,100 |
The revenue of Hollysys Automation Technologies Ltd does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.077 |
Aaon Inc
|
11,029.14 |
1,209.43 |
190.92 |
2,519 |
Aaon Inc 's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.588 |
Altra Industrial Motion Corp
|
4,022.50 |
1,714.70 |
-19.30 |
3,855 |
A negative correlation coefficient of -0.386 implies that the revenue of Altra Industrial Motion Corp does not correlate significantly with that of Tesla Inc . |
Enerpac Tool Group Corp
|
2,531.12 |
436.37 |
20.35 |
2,000 |
A negative correlation coefficient of -0.253 implies that the revenue of Enerpac Tool Group Corp does not correlate significantly with that of Tesla Inc . |
Avid Technology Inc
|
1,255.41 |
395.18 |
33.26 |
1,200 |
The factor of 0.250 indicates a mild correlation between Avid Technology Inc 's revenue and those of Tesla Inc . |
Gcp Applied Technologies Inc.
|
2,333.53 |
937.30 |
22.50 |
2,900 |
A negative correlation coefficient of -0.008 implies that the revenue of Gcp Applied Technologies Inc. does not correlate significantly with that of Tesla Inc . |
Applied Optoelectronics Inc
|
1,298.55 |
208.89 |
-80.90 |
2,149 |
The factor of 0.253 indicates a mild correlation between Applied Optoelectronics Inc 's revenue and those of Tesla Inc . |
Fuller H B Co
|
3,460.51 |
3,617.00 |
163.71 |
0 |
Among Tesla Inc suppliers, the revenue of Fuller H B Co has shown a strong correlation over the past 2 years. The correlation coefficient is 0.734 |
Allison Transmission Holdings Inc
|
11,580.32 |
2,552.00 |
463.00 |
3,700 |
The revenue of Allison Transmission Holdings Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.158 |
Autoliv Inc
|
9,017.06 |
8,112.00 |
363.00 |
50,600 |
The revenue of Autoliv Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.130 |
Borgwarner Inc
|
7,692.34 |
15,348.00 |
901.00 |
39,900 |
A negative correlation coefficient of -0.201 implies that the revenue of Borgwarner Inc does not correlate significantly with that of Tesla Inc . |
Commercial Vehicle Group Inc
|
72.10 |
975.54 |
12.65 |
8,200 |
A negative correlation coefficient of -0.307 implies that the revenue of Commercial Vehicle Group Inc does not correlate significantly with that of Tesla Inc . |
Lear Corp
|
5,756.78 |
20,400.40 |
321.00 |
186,600 |
A negative correlation coefficient of -0.173 implies that the revenue of Lear Corp does not correlate significantly with that of Tesla Inc . |
Modine Manufacturing Co
|
7,127.74 |
2,483.80 |
165.40 |
11,400 |
The revenue of Modine Manufacturing Co does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.056 |
Meritor Inc.
|
2,620.70 |
4,295.00 |
264.00 |
8,400 |
The factor of 0.311 indicates a mild correlation between Meritor Inc.'s revenue and those of Tesla Inc . |
Stoneridge Inc
|
150.52 |
827.33 |
-31.54 |
4,850 |
A negative correlation coefficient of -0.310 implies that the revenue of Stoneridge Inc does not correlate significantly with that of Tesla Inc . |
Strattec Security Corp
|
155.12 |
449.56 |
2.89 |
3,365 |
The factor of 0.368 indicates a mild correlation between Strattec Security Corp's revenue and those of Tesla Inc . |
Tenneco Inc
|
1,440.48 |
18,634.00 |
-180.00 |
30,000 |
The revenue of Tenneco Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.096 |
Gentherm Incorporated
|
1,326.01 |
1,019.98 |
54.55 |
16,000 |
The revenue of Gentherm Incorporated does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.117 |
Amerityre Corporation
|
1.91 |
4.02 |
0.10 |
0 |
The factor of 0.282 indicates a mild correlation between Amerityre Corporation's revenue and those of Tesla Inc . |
Omnitek Engineering Corp
|
0.00 |
1.13 |
-0.03 |
0 |
|
Acuity Brands Inc
|
10,652.98 |
3,857.60 |
428.70 |
13,200 |
The revenue of Acuity Brands Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.092 |
Bel Fuse Inc
|
173.97 |
541.27 |
46.66 |
1,900 |
The revenue of Bel Fuse Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.020 |
Hubbell Inc
|
24,640.73 |
4,438.60 |
565.10 |
18,317 |
The revenue of Hubbell Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.147 |
Ieh Corp
|
24,885.00 |
21.84 |
-4.23 |
155 |
The revenue of Ieh Corp does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.023 |
Novelis Inc
|
0.00 |
19,063.00 |
967.00 |
11,000 |
A negative correlation coefficient of -0.011 implies that the revenue of Novelis Inc does not correlate significantly with that of Tesla Inc . |
Remitly Global Inc
|
3,881.27 |
583.77 |
-107.59 |
1,000 |
The factor of 0.307 indicates a mild correlation between Remitly Global Inc 's revenue and those of Tesla Inc . |
Norfolk Southern Corp
|
59,505.82 |
12,360.00 |
3,240.00 |
20,300 |
The revenue of Norfolk Southern Corp does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.139 |
Mativ Holdings Inc
|
304.36 |
1,594.60 |
27.40 |
1,700 |
A negative correlation coefficient of -0.200 implies that the revenue of Mativ Holdings Inc does not correlate significantly with that of Tesla Inc . |
Advanced Drainage Systems Inc
|
9,791.51 |
2,911.76 |
501.71 |
5,870 |
The factor of 0.257 indicates a mild correlation between Advanced Drainage Systems Inc 's revenue and those of Tesla Inc . |
Arconic Corporation
|
3,050.71 |
8,141.00 |
-254.00 |
13,000 |
A negative correlation coefficient of -0.029 implies that the revenue of Arconic Corporation does not correlate significantly with that of Tesla Inc . |
Commercial Metals Company
|
5,935.57 |
9,158.99 |
1,246.15 |
13,178 |
A negative correlation coefficient of -0.304 implies that the revenue of Commercial Metals Company does not correlate significantly with that of Tesla Inc . |
Haynes International inc
|
783.78 |
603.02 |
38.14 |
900 |
Haynes International inc 's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.560 |
Hammer Fiber Optics Holdings Corp
|
3.72 |
2.91 |
-1.42 |
11 |
The revenue of Hammer Fiber Optics Holdings Corp does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.036 |
Ree Automotive Ltd
|
96.64 |
1.34 |
-114.21 |
400 |
The factor of 0.300 indicates a mild correlation between Ree Automotive Ltd 's revenue and those of Tesla Inc . |
Solitario Resources Corp
|
53.43 |
0.40 |
-4.81 |
11 |
The factor of 0.193 indicates a mild correlation between Solitario Resources Corp 's revenue and those of Tesla Inc . The revenue of Solitario Resources Corp does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.193 |
Axalta Coating Systems Ltd
|
8,071.22 |
5,262.30 |
327.60 |
12,000 |
The factor of 0.293 indicates a mild correlation between Axalta Coating Systems Ltd 's revenue and those of Tesla Inc . |
The Chemours Company
|
3,137.83 |
6,933.00 |
881.00 |
6,200 |
The factor of 0.377 indicates a mild correlation between The Chemours Company's revenue and those of Tesla Inc . |
Huntsman Corporation
|
3,044.40 |
5,969.00 |
138.00 |
9,000 |
The revenue of Huntsman Corporation does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.061 |
Quaker Chemical Corporation
|
2,480.80 |
1,861.75 |
83.39 |
2,400 |
A negative correlation coefficient of -0.006 implies that the revenue of Quaker Chemical Corporation does not correlate significantly with that of Tesla Inc . |
Nl Industries inc
|
397.13 |
150.13 |
60.59 |
0 |
A negative correlation coefficient of -0.186 implies that the revenue of Nl Industries inc does not correlate significantly with that of Tesla Inc . |
Rpm International Inc
|
16,217.09 |
7,111.73 |
505.91 |
17,207 |
Rpm International Inc 's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.439 The factor of 0.439 indicates a mild correlation between Rpm International Inc 's revenue and those of Tesla Inc . |
Stepan Company
|
1,446.54 |
2,756.12 |
153.38 |
2,389 |
A negative correlation coefficient of -0.168 implies that the revenue of Stepan Company does not correlate significantly with that of Tesla Inc . |
Univar Solutions Inc
|
6,176.33 |
8,594.10 |
478.60 |
9,000 |
The factor of 0.218 indicates a mild correlation between Univar Solutions Inc 's revenue and those of Tesla Inc . |
Westlake Corporation
|
15,218.20 |
12,125.00 |
141.00 |
8,130 |
The revenue of Westlake Corporation does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.100 |
Westlake Chemical Partners Lp
|
872.66 |
1,143.11 |
368.83 |
152 |
A negative correlation coefficient of -0.139 implies that the revenue of Westlake Chemical Partners Lp does not correlate significantly with that of Tesla Inc . |
Core Molding Technologies Inc
|
122.83 |
364.10 |
7.81 |
1,857 |
A negative correlation coefficient of 0.000 implies that the revenue of Core Molding Technologies Inc does not correlate significantly with that of Tesla Inc . |
Deswell Industries Inc
|
38.73 |
77.34 |
2.06 |
921 |
The revenue of Deswell Industries Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.036 |
Trinseo Plc
|
155.77 |
5,354.10 |
298.80 |
3,100 |
A negative correlation coefficient of -0.149 implies that the revenue of Trinseo Plc does not correlate significantly with that of Tesla Inc . |
Ufp Technologies Inc
|
2,087.40 |
459.71 |
54.21 |
290 |
The factor of 0.303 indicates a mild correlation between Ufp Technologies Inc 's revenue and those of Tesla Inc . |
Dmc Global Inc
|
141.68 |
550.86 |
6.82 |
314 |
A negative correlation coefficient of -0.001 implies that the revenue of Dmc Global Inc does not correlate significantly with that of Tesla Inc . |
Csw Industrials Inc
|
5,680.06 |
700.71 |
82.70 |
1,075 |
A negative correlation coefficient of -0.002 implies that the revenue of Csw Industrials Inc does not correlate significantly with that of Tesla Inc . |
Franklin Electric Co Inc
|
4,660.14 |
1,986.80 |
189.85 |
6,400 |
Franklin Electric Co Inc 's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.543 |
L b Foster Company
|
311.73 |
536.53 |
42.54 |
1,065 |
L b Foster Company's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.551 |
Honda Motor Co Ltd
|
140,479.93 |
139,745.27 |
8,089.63 |
215,638 |
The revenue of Honda Motor Co Ltd does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.097 |
Generac Holdings Inc
|
9,494.98 |
4,124.52 |
296.12 |
8,600 |
The revenue of Generac Holdings Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.178 |
Enviri Corporation
|
745.00 |
1,683.57 |
-157.09 |
500 |
The factor of 0.371 indicates a mild correlation between Enviri Corporation's revenue and those of Tesla Inc . |
Kaiser Aluminum Corporation
|
1,183.31 |
2,986.40 |
28.10 |
3,910 |
The factor of 0.242 indicates a mild correlation between Kaiser Aluminum Corporation's revenue and those of Tesla Inc . |
Liquidmetal Technologies Inc
|
37.24 |
0.48 |
-3.14 |
18 |
The factor of 0.387 indicates a mild correlation between Liquidmetal Technologies Inc's revenue and those of Tesla Inc . |
Mueller Industries Inc
|
9,228.62 |
3,298.81 |
576.27 |
4,509 |
The factor of 0.221 indicates a mild correlation between Mueller Industries Inc's revenue and those of Tesla Inc . |
Materion Corporation
|
2,137.99 |
1,750.59 |
97.56 |
2,224 |
Materion Corporation's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.518 |
Enpro Inc
|
3,739.73 |
1,222.90 |
179.70 |
3,500 |
A negative correlation coefficient of -0.012 implies that the revenue of Enpro Inc does not correlate significantly with that of Tesla Inc . |
Proto Labs Inc
|
1,126.46 |
514.21 |
13.65 |
2,415 |
A negative correlation coefficient of -0.354 implies that the revenue of Proto Labs Inc does not correlate significantly with that of Tesla Inc . |
Regal Rexnord Corp
|
11,034.85 |
6,180.60 |
213.00 |
17,000 |
The revenue of Regal Rexnord Corp does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.155 |
Helios Technologies Inc
|
1,458.81 |
819.50 |
37.50 |
1,150 |
A negative correlation coefficient of -0.059 implies that the revenue of Helios Technologies Inc does not correlate significantly with that of Tesla Inc . |
Voxx International Corporation
|
170.08 |
447.50 |
-44.06 |
500 |
|
Radiant Logistics Inc
|
338.14 |
790.52 |
6.91 |
931 |
A negative correlation coefficient of -0.141 implies that the revenue of Radiant Logistics Inc does not correlate significantly with that of Tesla Inc . |
Trecora Resources
|
249.31 |
272.69 |
4.96 |
310 |
The revenue of Trecora Resources does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.143 |
Cts Corporation
|
1,647.29 |
550.42 |
60.53 |
318 |
The revenue of Cts Corporation does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.189 |
Emcore Corporation
|
11.46 |
123.72 |
-24.33 |
260 |
The factor of 0.324 indicates a mild correlation between Emcore Corporation's revenue and those of Tesla Inc . |
Neophotonics Corp
|
827.09 |
396.32 |
16.37 |
1,783 |
The factor of 0.277 indicates a mild correlation between Neophotonics Corp's revenue and those of Tesla Inc . |
Viavi Solutions Inc
|
2,416.90 |
1,273.90 |
106.50 |
3,600 |
The revenue of Viavi Solutions Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.175 |
Dolby Laboratories Inc
|
7,758.39 |
1,273.23 |
264.32 |
2,080 |
|
Harmonic Inc
|
1,389.52 |
622.54 |
84.94 |
1,359 |
Harmonic Inc 's revenue correlates notably with that of Tesla Inc . The correlation coefficient is 0.632 |
Netgear Inc
|
817.79 |
680.18 |
19.58 |
1,556 |
The revenue of Netgear Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.006 |
Parkervision Inc
|
76.59 |
0.07 |
-12.94 |
31 |
A negative correlation coefficient of -0.229 implies that the revenue of Parkervision Inc does not correlate significantly with that of Tesla Inc . |
Seachange International Inc
|
16.46 |
27.58 |
-5.15 |
217 |
|
Minim Inc
|
11.64 |
62.21 |
-10.75 |
0 |
A negative correlation coefficient of -0.130 implies that the revenue of Minim Inc does not correlate significantly with that of Tesla Inc . |
Cerence Inc
|
550.31 |
309.09 |
-310.83 |
1,400 |
The factor of 0.221 indicates a mild correlation between Cerence Inc 's revenue and those of Tesla Inc . |
Blackberry Limited
|
185.33 |
690.00 |
-95.00 |
2,647 |
A negative correlation coefficient of -0.237 implies that the revenue of Blackberry Limited does not correlate significantly with that of Tesla Inc . |
Digi International Inc
|
1,178.88 |
438.69 |
29.63 |
805 |
The revenue of Digi International Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.140 |
Allient Inc
|
442.03 |
550.82 |
16.82 |
0 |
A negative correlation coefficient of -0.366 implies that the revenue of Allient Inc does not correlate significantly with that of Tesla Inc . |
Li Auto Inc
|
49,097.89 |
17,443.84 |
1,663.28 |
12,000 |
The factor of 0.212 indicates a mild correlation between Li Auto Inc 's revenue and those of Tesla Inc . |
BYD
|
0.00 |
94,970.00 |
0.00 |
0 |
The revenue of BYD does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.155 |
Nvidia Corp
|
3,533,267.88 |
113,269.00 |
63,075.00 |
29,600 |
The revenue of Nvidia Corp does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.179 |
Jabil Inc
|
23,919.54 |
34,546.00 |
978.00 |
200,000 |
A negative correlation coefficient of -0.068 implies that the revenue of Jabil Inc does not correlate significantly with that of Tesla Inc . |
Luminar Technologies Inc
|
153.97 |
41.92 |
-375.02 |
406 |
A negative correlation coefficient of -0.220 implies that the revenue of Luminar Technologies Inc does not correlate significantly with that of Tesla Inc . |
Broadcom Inc
|
1,172,769.51 |
51,574.00 |
5,895.00 |
24,000 |
The revenue of Broadcom Inc does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.180 |
Stmicroelectronics N v
|
23,944.16 |
17,286.00 |
4,222.00 |
60,000 |
The revenue of Stmicroelectronics N v does not correlate significantly with that of Tesla Inc . The correlation coefficient is 0.071 |
Allegro Microsystems Inc
|
4,690.77 |
820.66 |
119.56 |
4,593 |
A negative correlation coefficient of -0.340 implies that the revenue of Allegro Microsystems Inc does not correlate significantly with that of Tesla Inc . |
SUBTOTAL |
8,215,105.32 |
1,736,214.23 |
225,394.59 |
3,879,015 |
|