Tesla sets sights on Uber, Lyft in California with ride-hail application
Briefly

Tesla is seeking approval for a transportation charter-party carrier permit from the California Public Utilities Commission, enabling it to provide ride-hailing services. This move is crucial for Tesla to diversify its income as its electric vehicle sales face challenges, marking its first sales decline in over a decade. Elon Musk plans to introduce driverless ride-hailing first in Austin, potentially extending to California by year-end. Meanwhile, initial operations may utilize human drivers, as indicated by the company's communications regarding driver requirements.
Tesla is seeking approval to offer ride-hailing services in California, a key step to carry paying customers while its traditional car sales falter.
With the application, Tesla aims to launch a ride-hailing service, potentially diversifying its revenue stream and competing with Uber, Lyft, and Waymo.
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