Tesla stock will be in focus this week ahead of the company's highly anticipated robotaxi event, with analysts expecting to see a demo and prototype of the autonomous taxi and other product announcements like a lower-priced Tesla.

U.S. stocks are slipping Monday as pressure rises from the bond market after Treasury yields hit their highest levels since the summer. The S&P 500 was 0.3% lower in early trading, though it’s still close to its all-time high set a week ago.