Tesla (NASDAQ: TSLA) could be entering one of its historically strongest periods of the year, making the stock worth watching in the coming week.
To this end, seasonality data from TrendSpider covering the past 15 years shows Tesla has delivered an average gain of 4.5% during calendar week 37, outperforming major technology stocks and broad market benchmarks.
Notably, the electric vehicle manufacturer has historically generated the strongest returns during this specific week.
Among its peers, Nvidia (NASDAQ: NVDA) has averaged a gain of 3%, followed by Advanced Micro Devices (NASDAQ: AMD) at 2.6%, Meta Platforms (NASDAQ: META) at 2%, and Microsoft (NASDAQ: MSFT) at 1.3%.
Amazon (NASDAQ: AMZN) has posted an average gain of 0.9%, ahead of the Nasdaq-100 ETF (NASDAQ: QQQ) at 0.8%. Alphabet (NASDAQ: GOOGL) and the S&P 500 ETF (NYSEARCA: SPY) have both averaged gains of 0.6%, while Netflix (NASDAQ: NFLX) has returned 0.2%.
Apple (NASDAQ: AAPL) is the only stock in the group with a negative average return during the period, declining 0.7%.
Tesla’s bearish fundamentals
The timing is notable because Tesla enters the period following a recent selloff. Shares fell about 6% after the company’s Cybercab robotaxi event, erasing some of the gains that had built ahead of the launch.
The decline came after investors reacted negatively to the event and reports emerged that the National Highway Traffic Safety Administration had initiated an audit inquiry related to the vehicle’s certification process for public roads.
Despite the negative market reaction, the Cybercab event marked another step in Tesla’s broader autonomous driving strategy. The two-seat vehicle has already entered limited robotaxi service in parts of Austin, while production is underway at Gigafactory Texas.
Tesla continues expanding its robotaxi operations across several U.S. cities while investing heavily in Full Self-Driving technology, battery production, energy storage, the Tesla Semi program, and its humanoid robot initiative.
Overall, Tesla’s long-term growth story is increasingly tied to autonomy, robotics, and energy, areas many analysts view as its most significant future value drivers despite ongoing pressure in its vehicle business.
Meanwhile, historical market patterns do not guarantee future performance, but traders often monitor seasonality trends when looking for short-term opportunities.
Featured image via Shutterstock
