🔴 Tesla Yield ETF (YTSL.NE) is trading 3% down today as Strait of Hormuz hostilities lift oil

YTSL.NE is trading at CA$15.38, down -3.03%, as renewed U.S.-Iran hostilities in the Strait of Hormuz pushed oil prices higher and intensified inflation concerns.

• Rising Treasury yields pressured growth-oriented technology stocks, with Tesla declining alongside the Nasdaq.
• The move also follows YTSL.NE’s recent ex-distribution rebound, making some pullback technically plausible.