Tesla shares opened the week down as part of a broader market decline that comes after Moody's Ratings downgraded its view of the United States' creditworthiness late Friday.

All three major U.S. stock market indexes rose Monday afternoon, following an earlier selloff sparked by long-dated Treasury yields surpassing the 5% mark after the financial ratings agency Moody’s downgraded the U.S. government’s credit rating late last week, citing rising debt and interest payment ratios.

US stock futures slide after Moodys downgraded the countrys credit rating from “Aaa” to “Aa1,” raising alarm over Americas growing $36 trillion debt. This unexpected jolt hit Wall Street early Monday,