Tesla could take on Uber, gears up to enter the ride-sharing market

Forward-looking: In a move that could usher in major competition for ride-sharing services Uber and Lyft, Tesla is reportedly planning to launch its own ride-sharing service in California. However, unlike the established companies, Tesla apparently intends to own and operate the entire fleet. 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 ready for robotaxi duties. 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 passenger ... Read full article.