Tesla is set to unveil its highly anticipated robotaxi, the “Cybercab,” today at Warner Bros. Studios in Burbank, California.

Elon Musk has promised an event that will be “one for the history books.”

However, investors are exercising caution, hesitant to make significant stock moves before the reveal.

CFRA analyst Garrett Nelson warns that the recent stock surge may lead to disappointment.

Tesla shares experienced a modest 0.5% increase in premarket trading after a 1.4% drop on Wednesday.

The event, titled “We, Robot,” kicks off at 7 PM Pacific Time and will be streamed live on Tesla’s X platform.

Security measures will restrict large bags and require attendees to wear closed-toe shoes.

Originally scheduled for August, Musk delayed the unveiling to enhance the robotaxi’s features and possibly introduce other innovations.

Wedbush analyst Dan Ives expects groundbreaking announcements related to full self-driving technology.

Morgan Stanley’s Adam Jonas predicts a demonstration of advanced autonomous driving capabilities during the event.

As Tesla prepares to redefine urban mobility, all eyes are on whether this event will meet the soaring expectations.