Tesla (NASDAQ: TSLA) has historically shown strong performance during calendar week 37, according to 15-year seasonality data from TrendSpider. The electric vehicle manufacturer has delivered an average gain of 4.5% during this specific week, outperforming major technology stocks and broad market benchmarks.
Among technology peers, Nvidia averaged a 3% gain during the same period, followed by Advanced Micro Devices at 2.6%, Meta Platforms at 2%, and Microsoft at 1.3%. Amazon posted an average 0.9% gain, while the Nasdaq-100 ETF averaged 0.8%. Alphabet and the S&P 500 ETF both averaged 0.6% gains. Apple was the only major stock in the group with negative average returns, declining 0.7%.
The timing comes as Tesla enters the period following a recent decline. Shares fell approximately 6% after the company's Cybercab robotaxi event, erasing some prior gains. The selloff reflected negative investor reaction to the event and reports that the National Highway Traffic Safety Administration had initiated an audit inquiry related to the vehicle's certification process for public roads.
Despite the market reaction, the Cybercab event represents another step in Tesla's autonomous driving strategy. The two-seat vehicle has entered limited robotaxi service in parts of Austin, with production underway at Gigafactory Texas.
Tesla continues expanding robotaxi operations across several U.S. cities while investing in Full Self-Driving technology, battery production, energy storage, the Tesla Semi program, and a humanoid robot initiative. Analysts view autonomy, robotics, and energy as significant future value drivers for the company despite ongoing pressure in its vehicle business.
Historical market patterns do not guarantee future performance, though traders often monitor seasonality trends when evaluating short-term opportunities.
