This screenshot was taken on PTS 7.1 so I have not verified if this still exists. But in the screenshot below, you can see I've outlined what looks like a skinny antenna or tower that reflects onto the water but no visual of an antenna/tower exists on the horizon. This was taken on the south end of Imandra facing west.

This visual discrepancy is still present in 10.4

@CanuckRunner
Hello, thank you for the report.
Can you send us your DxDiag file and the storage folder?
To get it, display the Run dialog using Windows+R, type dxdiag and tap OK. Then, you could save your dxdiag as .txt file and attach it to the reply.
You can find storage PTS folder here: C:\Users\username\Documents\My Games\SnowRunnerBeta\base\storage\

@rudeborya I will email those and tag.

However, I forgot to mention that this is only visible when switching the time to "morning".