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Tesla's stock price dropped nearly 8% to $211 at market close on Friday, its lowest point since December 2016, after an investigation found the electric auto maker's Autopilot tech had been engaged during a recent fatal crash.

Why it matters: The preliminary report from the National Transportation Safety Board came out amid a warning to employees from CEO Elon Musk that the $2 billion Tesla just raised would only last 10 months unless Tesla significantly reduces its spending. 

Go deeper: Read the full email from Musk to employees. 

Tesla stock dives following fatal crash report

An investigator's report came out amid warnings from CEO Elon Musk about Tesla's spending.

Close-up photo of Tesla logo on a red car. 

A logo of Tesla car. Photo: Artur Widak/NurPhoto via Getty Images

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Tesla&#x27;s stock price dropped nearly 8% to $211 at market close on Friday, its lowest point since December 2016, after <a class="gtmContentClick" data-vars-link-text="an investigation found the electric auto maker&#x27;s Autopilot tech had been engaged" data-vars-click-url="https://apnews.com/e8246515e9f54c90b5bc98c83778d3f4" data-vars-content-id="ff0111fc-54c9-4ffd-bd60-9a3b2ab5bc72" data-vars-headline="Tesla stock dives following fatal crash report" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://apnews.com/e8246515e9f54c90b5bc98c83778d3f4" target="_blank">an investigation found the electric auto maker&#x27;s Autopilot tech had been engaged</a> during a recent fatal crash.Why it matters: The preliminary report from the National Transportation Safety Board came out amid a warning to employees from CEO Elon Musk that <a class="gtmContentClick" data-vars-link-text="the $2 billion Tesla just raised" data-vars-click-url="https://www.axios.com/tesla-capital-raise-elon-musk-55e7720b-3975-4f28-9f8e-af8b1c252b31.html" data-vars-content-id="ff0111fc-54c9-4ffd-bd60-9a3b2ab5bc72" data-vars-headline="Tesla stock dives following fatal crash report" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.axios.com/tesla-capital-raise-elon-musk-55e7720b-3975-4f28-9f8e-af8b1c252b31.html" target="_self">the $2 billion Tesla just raised</a> would only last 10 months unless Tesla significantly reduces its spending. Go deeper: <a class="gtmContentClick" data-vars-link-text="Read the full email from Musk to employees" data-vars-click-url="https://www.cnbc.com/2019/05/17/elon-musk-calls-for-cost-control-in-memo-to-employees.html" data-vars-content-id="ff0111fc-54c9-4ffd-bd60-9a3b2ab5bc72" data-vars-headline="Tesla stock dives following fatal crash report" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.cnbc.com/2019/05/17/elon-musk-calls-for-cost-control-in-memo-to-employees.html" target="_blank">Read the full email from Musk to employees</a>.

Ominous forecasts about the impact of climate change serve as the backdrop for the world — led by U.S. lawmakers and companies — to debate big action on the problem, which could upend energy systems and our way of life.