Tesla historically delivers strongest weekly return in calendar week 37
Tesla stock has averaged a 4.5% gain during calendar week 37 over the past 15 years, outperforming major tech stocks according to TrendSpider seasonality data.
Why it matters
The analysis highlights a historical seasonal pattern for Tesla stock during calendar week 37. The recent selloff following the Cybercab robotaxi event and the National Highway Traffic Safety Administration's audit inquiry add uncertainty around the stock's near-term outlook.
Key facts
Tesla has delivered an average gain of 4.5% during calendar week 37 over the past 15 years
4.5 %Reported by Finbold
Tesla's calendar week 37 average return outperforms all major technology stocks in the comparison
Reported by Finbold
Nvidia has averaged a 3% gain during calendar week 37
3 %Reported by Finbold
Tesla shares fell approximately 6% after the company's Cybercab robotaxi event
6 %Reported by Finbold
The National Highway Traffic Safety Administration initiated an audit inquiry related to the vehicle's certification
Reported by Finbold
Apple is the only stock in the comparison group with a negative average return during calendar week 37 at -0.7%
0.7 %Reported by Finbold
What happened
TrendSpider seasonality data shows Tesla has historically delivered its strongest weekly performance during calendar week 37, with an average gain of 4.5% over the past 15 years. This outperforms other major technology stocks including Nvidia at 3%, Advanced Micro Devices at 2.6%, Meta Platforms at 2%, Microsoft at 1.3%, Amazon at 0.9%, and the Nasdaq-100 ETF at 0.8%. Apple is the only stock in the comparison group with a negative average return at -0.7%. The timing is notable as Tesla recently fell about 6% after the company's Cybercab robotaxi event. Additionally, reports indicate the National Highway Traffic Safety Administration initiated an audit inquiry related to the vehicle's certification.
How the story developed
- First report
First report by Finbold
Why you need to own Tesla stock by next week
- Update
TrendSpider publishes 15-year seasonality data for Tesla calendar week 37
Data shows Tesla averages 4.5% gain during this period, outperforming major tech stocks
- Official statement
National Highway Traffic Safety Administration initiates audit inquiry
Inquiry relates to vehicle certification
- Update
Tesla Cybercab robotaxi event occurs
Stock fell approximately 6% as investors reacted negatively
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Finbold Crypto media | Why you need to own Tesla stock by next week | Original |
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