Tesla applies for permit to launch ride-hailing services in California

Forward-looking: In a move that could usher in major competition for ride-hailing services Uber and Lyft, Tesla is reportedly planning to launch its own ride-hailing service in California. However, unlike the established companies, Tesla apparently intends to own and operate its entire fleet. According to Bloomberg, the EV giant applied for a "transportation charter-party carrier permit" from the California Public Utilities Commission (CPUC) last year. If granted, the permit would allow the company to operate a fleet of electric cars with paying passengers across the Golden State. While Tesla has grand plans to launch autonomous cab services across the US at some stage, it is set to use human-driven vehicles for its upcoming venture, at least initially. Documents submitted by Tesla to California officials reportedly mention drivers' license information and drug-testing coordination, suggesting that the company will have to wait a little longer before its unsupervised FSD software is ... Read full article.