🟢 Tesla Yield ETF (YTSL.NE) is trading 3.5% up as Tesla gains on preliminary merger discussions

YTSL.NE is trading at CA$16.80, up 3.45%, as Tesla shares gained in premarket trading.

• Elon Musk said Tesla and SpaceX formed committees to discuss a possible merger; the discussions are preliminary, with no agreement reached.
• SpaceX’s earnings beat and strong broader-market sentiment also supported risk appetite.
• YTSL holds Tesla shares and uses options, leaving it directly exposed to Tesla’s price move; Tesla’s scheduled third-quarter earnings report is after the October 21 close.