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Tesla seeks to offer ride-hailing services in California, Bloomberg says

Tesla (TSLA) is seeking approval to offer ride-hailing services in California, which suggests Elon Musk’s electric car company is working to launch a ride-hailing business in the near term that would open a new revenue stream and put it in competition with companies like Uber (UBER), Lyft (LYFT) and Alphabet’s (GOOG) (GOOGL) Waymo, reported Bloomberg’s Dana Hull. The electric vehicle manufacturer applied late last year for what’s known as a transportation charter-party carrier permit from theCalifornia Public Utilities Commission, according to documents viewed by Bloomberg.

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