TSLA has declined roughly 14% over the past month and is testing multi-week lows near $372-$375, a zone that has twice attracted buyers and may represent a short-term capitulation floor. The NHTSA closure of the power steering probe removes a meaningful regulatory overhang, while falling oil prices driven by resuming Hormuz flows reduce the cost-of-ownership gap between EVs and ICE vehicles, incrementally supporting EV demand. With the stock deeply oversold across multiple timeframes and no new fundamental deterioration beyond what is already priced in, a mean-reversion bounce toward the $400 prior-support-turned-resistance level offers an asymmetric risk/reward entry at current prices.