This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Tesla Inc.'s core car-making business is facing a deteriorating outlook, providing a major test of Chief Executive Officer Elon Musk's ability to lift the stock price with his vision of a self-driving future. The electric-vehicle maker is expected to post the sharpest drop in revenues in more ...

Group 1: Uber's Exchangeable Bond Deal - The $1.2 billion exchangeable bond deal by Uber Technologies features a structure appealing to both investors and Uber, tied to shares in self-driving truck firm Aurora Innovation [1][2] - The deal allows investors to benefit from Aurora's business upside while limiting downside risk, as they can receive the bond's par value at maturity if the stock price falls [2] - Uber benefits from favorable terms, including zero coupon and a conversion premium above the marketed range, while retaining some upside and deferring tax on gains [3] Group 2: Use of Proceeds and Corporate Strategy - Uber plans to use the net proceeds from the offering for general corporate purposes, which may include strategic investments, although no specific uses have been designated [4] Group 3: Aurora Innovation's Developments - Aurora is developing self-driving systems for commercial vehicles and aims to deploy driverless trucks at scale, with its trucks currently hauling commercial freight on Texas roads [5] - Aurora's CEO highlighted that the company is the first to operate commercial driverless heavy-duty trucks on public roads, focusing on proving technology and increasing product value for customers [6]