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.

They want to build it alone, so to some extent in Austin, [Uber] and Waymo will be competition with Tesla when they launch,” said Uber CEO Dara Khosrowshahi at the Miami FII

Tesla (NASDAQ:TSLA) is set to launch its first autonomous robotaxi service in Austin, Texas in June. The city is seen as ideal for Tesla (NASDAQ:TSLA) because it is now the location of the company's headquarters,