Tesla is taking steps to launch a ride-sharing service that could compete directly with Uber, Lyft and Waymo. Why it matters: Tesla has long pledged to run an autonomous vehicle network, which could become a significant new source of revenue at a time when its sales have flattened.

Uber's CEO says they would "love to partner" with Tesla, but instead will likely find themselves competitors.

Tesla said it would launch robotaxi services in California in June, and a new report confirms it has applied for a ride-hailing permit in the state