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 and Lyft are both planning to deploy autonomous taxis in the U.S. this year. Uber has partnered with Waymo to deploy its self-driving Jaguar I-Pace EVs in Austin first and then in Atlanta later this year. Lyft has partnered with start-up May Mobility, AV technology company Mobileye and dashcam firm Nexar to deploy robotaxis in Atlanta.

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