TSLA vs. PL
TSLA (Tesla, Inc.) and PL (Planet Labs PBC) are both stocks. TSLA operates in Auto Manufacturers (Consumer Cyclical), while PL operates in Aerospace & Defense (Industrials). Over the past 5 years, TSLA returned 14.86%/yr vs 25.63%/yr for PL. At a 0.36 correlation, their price movements are largely independent.
Performance
TSLA vs. PL - Performance Comparison
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Returns By Period
In the year-to-date period, TSLA achieves a -9.63% return, which is significantly lower than PL's 57.96% return.
TSLA
- 1D
- 1.82%
- 1M
- -8.72%
- YTD
- -9.63%
- 6M
- -11.45%
- 1Y
- 27.36%
- 3Y*
- 16.25%
- 5Y*
- 14.86%
- 10Y*
- 39.72%
PL
- 1D
- -8.84%
- 1M
- -23.54%
- YTD
- 57.96%
- 6M
- 70.78%
- 1Y
- 470.51%
- 3Y*
- 106.65%
- 5Y*
- 25.63%
- 10Y*
- —
TSLA vs. PL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TSLA Tesla, Inc. | -9.63% | 11.36% | 62.52% | 101.72% | -65.03% | 44.88% |
PL Planet Labs PBC | 57.96% | 388.12% | 63.56% | -43.22% | -29.27% | -37.24% |
Correlation
The correlation between TSLA and PL is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2021 | 0.36 |
The correlation between TSLA and PL shifts across timeframes, from 0.24 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TSLA:
$1.44T
PL:
$10.76B
TSLA:
$1.10
PL:
-$1.17
TSLA:
14.66
PL:
29.61
TSLA:
17.10
PL:
24.26
TSLA:
$97.88B
PL:
$335.61M
TSLA:
$18.66B
PL:
$186.28M
TSLA:
$10.48B
PL:
-$125.70M
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Return for Risk
TSLA vs. PL — Risk / Return Rank
TSLA
PL
TSLA vs. PL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tesla, Inc. (TSLA) and Planet Labs PBC (PL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TSLA | PL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.01 | ||
| Sortino ratioReturn per unit of downside risk | -3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.55 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 11.79 | -10.88 |
| Martin ratioReturn relative to average drawdown | 2.10 | 36.80 | -34.70 |
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Drawdowns
TSLA vs. PL - Drawdown Comparison
The maximum TSLA drawdown since its inception was -73.63%, smaller than the maximum PL drawdown of -85.73%. Use the drawdown chart below to compare losses from any high point for TSLA and PL.
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Drawdown Indicators
| TSLA | PL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.63% | -85.73% | +12.10% |
Max Drawdown (1Y)Largest decline over 1 year | -29.93% | -40.23% | +10.30% |
Max Drawdown (3Y)Largest decline over 3 years | -53.77% | -55.17% | +1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -73.63% | -85.73% | +12.10% |
Max Drawdown (10Y)Largest decline over 10 years | -73.63% | — | — |
Current DrawdownCurrent decline from peak | -17.03% | -39.40% | +22.37% |
Average DrawdownAverage peak-to-trough decline | -22.72% | -49.90% | +27.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.06% | 12.88% | +0.18% |
Volatility
TSLA vs. PL - Volatility Comparison
The current volatility for Tesla, Inc. (TSLA) is 14.25%, while Planet Labs PBC (PL) has a volatility of 39.48%. This indicates that TSLA experiences smaller price fluctuations and is considered to be less risky than PL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSLA | PL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.25% | 39.48% | -25.23% |
Volatility (6M)Calculated over the trailing 6-month period | 28.73% | 78.71% | -49.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.49% | 102.61% | -58.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.98% | 80.98% | -22.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.14% | 79.91% | -20.77% |
Dividends
TSLA vs. PL - Dividend Comparison
Neither TSLA nor PL has paid dividends to shareholders.
Financials
TSLA vs. PL - Financials Comparison
This section allows you to compare key financial metrics between Tesla, Inc. and Planet Labs PBC. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
TSLA and PL have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PL has higher volatility (39.48%) compared to TSLA (14.25%). In terms of maximum drawdown, TSLA dropped -73.63% vs PL's -85.73%.
PL currently has the higher Sharpe Ratio (4.62 vs 0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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