Uber, founded nearly two decades ago, has transformed the ride-sharing landscape but now faces significant challenges that threaten its future. The company is embroiled in a legal battle with trial attorneys over proposed ballot measures that could reshape its liability in sexual assault cases involving drivers. With over 3,100 sexual assault lawsuits consolidated in federal court, Uber's legal costs are projected to rise sharply. The company has countered by proposing a measure to limit attorney fees in personal injury cases, arguing that it would benefit accident victims. However, trial attorneys claim this would shield Uber from accountability.

As Uber navigates these legal waters, it is also racing against competitors like Waymo and Tesla in the autonomous vehicle sector. These companies are developing advanced technologies that could disrupt Uber's business model. CEO Dara Khosrowshahi has emphasized a hybrid future combining human drivers and autonomous vehicles, but analysts warn that the rise of cheaper autonomous technology could undermine Uber's market position. With insurance reserves swelling to $12.5 billion by 2025, Uber is preparing for a costly future while attempting to maintain its competitive edge in a rapidly evolving industry.