Catching up to Waymo won't be easy because it has partnered with Uber Technologies, which operates the world's largest ride-hailing network with 170 million monthly users. It could take Tesla years to achieve that level of scale, especially if it builds its own mobility network from scratch.

Elon Musk joined President Donald Trump in the Oval Office to make some final remarks about his tenure at the Department of Government Efficiency (DOGE), which finalized today. Donning a black baseball hat and sport jacket, Musk also sported a black eye.

A group of Tesla shareholders said they feared Elon Musk's car maker was being impacted by "long-term damage."