YTSL.NE is trading at CA$15.59 (-4.55%) as Trump’s rejection of Iran’s Hormuz proposal lifted oil and weighed on risk assets.

  • The proposal revived inflation concerns and pushed Treasury yields higher.
  • JPMorgan cut its Tesla price target, citing weak third-quarter deliveries; Reuters reported TSLA dipped 1%.
  • YTSL.NE’s concentrated Tesla exposure makes the stock move directly relevant; U.S. futures were lower amid broader risk-off trading.