Various systems and methods for implementing automatic model generation for performance monitoring are described herein. A performance monitoring system includes a model manager to: identify a performance model that predicts performance of an operational node, the performance model based on telemetry data from the operational node; and implement an automatic verification operation to analyze the performance model and revise the performance model when the performance model is no longer valid; and an event processor to: initiate a remedial action at the operational node when the performance model indicates an alert state.