The winner of the autonomous ridesharing race could be the company with no driverless vehicles.

Tesla Inc. will shine the spotlight on its robotaxi technology and ideas on Thursday amid hopes that the event, scheduled to take place at a Hollywood movie studio, will boost the EV maker’s beleaguered stock.

Tesla (NASDAQ: TSLA) shareholders. While the S&P 500 has risen by 21%, the electric vehicle (EV) leader's stock has been on a roller-coaster ride that has left it more or less flat year to date due to competition and consumer fatigue.

Tesla is expected to unveil its autonomous "robotaxi" on Thursday, with analysts expecting details about the new vehicle and other potential announcements like a lower-cost model or updates to its Optimus humanoid robots.

Tesla loves to put on a show, and Thursday’s Robotaxi reveal might just be the flashiest of them all. The electric vehicle maker is slated to unveil

Tesla has big plans to release a company-saving robotaxi next week, leveraging the incredible advantage in autonomous technology that the company swears it has in order to prevent the whole house of cards from tumbling down.

Elon Musk has called Thursday's robotaxi reveal the biggest Tesla event since the Model 3 project was launched in 2014.

It's unclear exactly what will happen at the Oct. 10 robotaxi event, but analysts expect Tesla to release an update on its full self-driving technology, which CEO Elon Musk sees as the linchpin in the company's automotive business.

Tesla stock was up early Tuesday as trading remains volatile heading into Thursday’s Robotaxi Day event. Shares of the electric-vehicle maker gained 1.3% to $243.95 in early trading, while the S&P 500 was up 0.

Key Takeaways Tela's highly anticipated robotaxi event is set to take place Thursday, with analysts expecting to see the autonomous taxi along with other product announcements.Analysts are somewhat split on Tesla stock,