In December, an administrative law judge and commissioner from the California Public Utilities Commission ordered Cruise to appear at a hearing on Feb. 6.
Tesla reported above-consensus Q4 deliveries, yet lost the global EV crown to China's BYD. Meanwhile, the startup ecosystem in the U.S. continues to face challenges.
While the EV king, Tesla Inc (NASDAQ: TSLA) delivered on its promise of making 1.8 million deliveries in 2023, traditional automakers also delivered good news. General Motors (NYSE: GM) reported its best vehicle sales since 2019.