The Traction Control Light is a warning indicator on a vehicle's dashboard that signals the activation of the traction control system. This system helps prevent wheel spin during acceleration, especially on slippery surfaces like ice or wet roads. When the light is illuminated, it means the system is working to maintain traction and improve vehicle stability. If the Traction Control Light stays on or flashes frequently, it may indicate a problem with the traction control system or related components, such as the anti-lock braking system (ABS). In such cases, it's advisable to have the vehicle inspected by a qualified technician to ensure safe driving conditions.