Tesla’s Robotaxi Day event is set to take place at a Hollywood studio Thursday night, and expectations are high. Too high for some analysts and investors.
The company, which began selling software it calls “Full Self-Driving” nine years ago that still can’t drive itself, is expected to show off the so-called “Cybercab” vehicle, which may not have a steering wheel and pedals.
The unveiling comes as CEO Elon Musk tries to persuade investors that his company is more about artificial intelligence and robotics as it struggles to sell its core products, an aging lineup of electric vehicles.
But some analysts are predicting that it will be a historic day for the Austin, Texas, company as it takes a huge step toward a long-awaited robotaxi service powered by AI.
“We believe Robotaxi Day will be seminal and historical day for Musk and Tesla and marks a new chapter of growth around …