Tesla falls on SAP snub report, Piper Sandler price target cut

Tesla shares came under pressure on Monday after a report that Germany’s SAP was no longer planning to buy electric cars from the U.S. automaker and on Piper Sandler’s price target cut on the stock, citing lower delivery expectations this year. Shares of the Elon Musk-led company fell 4 percent to $180.46 in late afternoon
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