Tesla will cpmpete with Uber and Lyft

Patrick T. Fallon | Bloomberg | Getty Images

An employee cleans a Tesla Model 3 electric vehicle on display at the company’s showroom in Newport Beach, California, U.S., on Friday, July 6, 2018.Patrick T. Fallon/Bloomberg via Getty Images

On a third-quarter earnings call, Tesla CEO Elon Musk said the company “obviously” plans to jump into ride-hailing in the era of self-driving cars.

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