Elon Mus readies the robotaxi.

Elon Musk is pushing Tesla into a bold new chapter, sacrificing plans for a more affordable car to focus on the highly anticipated "robotaxi revolution". As he prepares to unveil Tesla's autonomous taxi prototypes, Musk envisions a future where driverless Teslas roam the streets, earning money for their owners while they sleep or work. However, with competitors like Waymo already making strides in the self-driving space, the stakes are higher than ever. Investors are betting on Tesla to deliver a functional, groundbreaking product, not just another prototype. 

The "Cybercab'", Tesla's robotaxi, is set to challenge the transportation industry, using advanced AI and camera-based navigation rather than expensive Lidar sensors. With promises of full autonomy and Tesla's fleet-sharing model, where owners can lend their cars to a robotaxi fleet, Musk is aiming for a service that blends the concepts of Uber and Airbnb.

But there's more: Musk could surprise the audience with a "robovan", capable of carrying a dozen people, and provide updates on Tesla's humanoid robot, "Optimus", as part of the company’s broader AI vision. While excitement builds around Tesla’s futuristic products, the company is also grappling with its first annual sales decline, missing estimates in recent quarters. Amid all the hype, Musk has a lot to prove as he positions Tesla to redefine both personal and public transportation.

Will Musk’s gamble on robotaxis pay off, or will the competition leave Tesla playing catch-up?