The YieldMax TSLA Option Income Strategy ETF (TSLY) closed down 3.21% at $12.67 on February 5th, as Tesla's stock fell 3.56% to $378.23 amid a challenging market environment. Tesla's recent earnings report revealed a disappointing Q4 performance, with earnings per share of $0.73 and revenue of $25.71 billion, both missing Wall Street expectations. The company's automotive revenue declined by 8% year-over-year, reflecting pricing pressures across its Model lineup. Additionally, Tesla's sales plummeted 59% in Germany, its lowest level since July 2021, amid political controversies involving CEO Elon Musk. The geopolitical tensions and Musk's political activities have negatively impacted Tesla's business in major EV markets, contributing to the stock's decline.