Tesla’s relative position within the SIA S&P 100 Index Report continues to weaken, slipping further into the unfavoured zone as both momentum and sector conditions soften. With a SMAX score of 1/10 and recent performance lagging the broader index, the shares may be showing signs of fading leadership despite strong longer term gains. This report explores whether key support levels can stabilise the trend, or if further downside pressure may continue to unfold.