Is TYRES a Wordle Word?

Yes. TYRES is a valid Wordle word.

It is not on the Wordle answer list, so it is unlikely to be a daily answer.

Plurals ending in S are almost never chosen as Wordle answers.

What does TYRES mean?

/ˈtaɪə(ɹ)z/

The ring-shaped protective covering around a wheel which is usually made of rubber or plastic composite and is either pneumatic or solid.
The metal rim of a wheel, especially that of a railway vehicle.

Definition from Wiktionary, available under the CC BY-SA license.

Starter word rating: GoodIn the top 5% of all valid Wordle words for testing common letters.
Vowels: E
Unique letters: 5 of 5
Common letters: T, R, E

Hard-mode trap: 7 valid words fit the pattern _YRES. If you reach it, you may need several guesses to find the last letter.

Letter ratings use how often each letter appears in Wordle answers.

Tap its tiles to the colours Wordle showed, and the Wordle Solver lists every word that still fits, with the best next guess.