The upcoming Robotaxi event is touted by CEO Elon Musk as one of Tesla's most significant launches, second only to the Model 3 introduction.

A highlight of the event may be the unveiling of the Cybercab prototype, which is expected to resemble a two-door sedan akin to the Model 3.

Demonstrations of the Robotaxi are planned on Hollywood set stages, generating excitement among investors and fans who believe it could revolutionize transportation.

There is optimism that the Robotaxi could redefine transportation and decrease the necessity for personal vehicle ownership.

Musk has suggested that successfully implementing unsupervised FSD could significantly increase asset value, potentially allowing Teslas to earn substantial annual robotaxi fares.

Unlike competitors that rely on simulations, Tesla gathers data from various driving conditions, enabling its AI to learn and improve continuously.

Achieving true autonomy would represent a major breakthrough for Tesla, comparable to a 'ChatGPT moment' for the company.

Analysts predict that the event will showcase version 12.5 or later of the FSD technology, likely on a closed or semi-closed course.

Tesla has initiated the rollout of its Full Self-Driving (FSD) software to Cybertruck owners, a feature that was not available at the vehicle's launch last November.

The release notes emphasize that this is an early access build, urging owners to remain vigilant and attentive while using the FSD feature.

Drivers must understand that FSD (Supervised) does not equate to full autonomy and requires their supervision at all times.

In response to declining sales, Tesla is accelerating the launch of more affordable models and implementing global price cuts, alongside a workforce reduction of 10%.