YTSL.NE is trading at CA$16.48, down -3.68%, as election results pointed to Democratic control of Congress, raising concerns about regulatory scrutiny of Elon Musk’s businesses.
- Tesla shares were reported down about 5% during the morning session.
- The results add uncertainty around a possible Tesla–SpaceX merger.
- The decline contrasts with a broadly higher market, suggesting Tesla-specific election and political risks are weighing on the ETF.