Tesla Inc. (TSLA) shares have experienced a notable decline, falling 3% and reaching lows of approximately $370 in pre-market trading. Analysts are observing a relative weakness in the stock, with potential support levels identified at $365 to $370. If these levels do not hold, a larger support wall is anticipated around $350. Currently, TSLA is facing a 25% drawdown from its recent highs, indicating a challenging period for the company. Market sentiment suggests that the stock may continue to decline, with a gap noted at $358, prompting some traders to await signs of a reversal before re-entering positions.