No it's not. That is how most other brands of car makers do for their electric cars, and it's called the Guess-O-Meter for that reason. Tesla does not do that. It is not affected by your driving history or behaviors. It is measuring (to the best of its ability) the amount of energy contained in the battery, and then dividing by a FIXED efficiency constant based on the EPA testing. How you drive will not affect that display number.
Separately from that display, there is the Energy tab on the screen, which can plot energy use on trips and such. And that does have a number on the right side which is labeled as "Estimated", and it will show a projection of how many real distance miles you would have left based on your energy usage over the last 5, 15, or 30 miles, depending on which you select.