Tesla will host its long-awaited Robotaxi event on Thursday, where the company is set to unveil the self-driving car Musk has teased for years. Some Wall Street analysts say it could be a pivotal moment for Tesla.

Tesla bulls and bears are anticipating its “We, Robot” event on Thursday — better known as “Robotaxi Day.” Robotaxi Day — the expected introduction of Tesla’s Cybercab — was postponed a few months ago,

Tesla's automotive business doesn't look capable of justifying its premium valuation. And over the next three years, Elon Musk may need to pull off a major pivot to software to keep the stock from crashing. The good news is that management seems keenly aware of what needs to be done.