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.

President Donald Trump and tech billionaire Elon Musk are set to gather in the White House's Oval Office on May 30.

"I expect to remain a friend and an adviser, and hopefully, if there's anything the president wants me to do, I'm at the president's service," Musk said

Elon Musk is leaving Washington after a short but turbulent stint in government and getting back to his numerous businesses, each with their own set of issues for the billionaire to address.

Tesla's robotaxi launch could pose a challenge to Uber's progress in the autonomous ride-sharing market, according to analysts.

The New York Times' report details how Elon Musk's private life changed after he joined the campaign trail for President Donald Trump, including alleged drug usage and family drama. The father of 14 allegedly said that he fathered a child with a Japanese pop star and that he would give his sperm to anyone to have a baby.

Elon Musk's break with the Trump administration means investors will hope he refocuses on his sprawling empire as Tesla battles slumping sales and after SpaceX's latest rocket launch fell short of expectations.