Elon Musk, the CEO of Tesla, is set to host an investor day on March 1 where the company will provide an update on the progress of its self-driving car program. The event will take place at Tesla's headquarters in Austin, Texas, and will be streamed live for those unable to attend in person.

Here's what investors can expect to see during the event:

1. Hardware Demonstration: Tesla is likely to showcase the latest hardware advancements in its self-driving system, including new sensors, cameras, and chips. The company may also provide details about how these hardware improvements have enhanced the capabilities of its vehicles.

2. Software Update: Investors will get an overview of the software updates that have been made to Tesla's self-driving system. This could include details on improved object detection, decision-making, and route planning algorithms. Tesla may also discuss the progress made in integrating its self-driving system with its existing fleet of vehicles.

3. Data Insights: Tesla is known for collecting vast amounts of data from its vehicles, and investors can expect to see insights into how this data is being used to train and improve the self-driving system. The company may share information on the number of miles driven in autonomous mode, the types of scenarios encountered, and the overall safety record of its vehicles.

4. Regulatory Updates: Tesla is likely to provide an update on its engagement with regulatory bodies and the status of obtaining the necessary approvals for deploying its self-driving system on public roads. Investors will be interested in understanding the company's strategy for navigating regulatory hurdles and achieving widespread adoption of its self-driving technology

5. Timeline and Goals: Tesla is expected to share its updated timeline for achieving full self-driving capabilities. The company may discuss the key milestones it needs to reach, such as navigating complex urban environments and handling extreme weather conditions. Investors will want to assess whether Tesla's timeline is feasible and aligns with their expectations.

6. Financial Impact: Tesla will likely provide insights into the financial impact of its self-driving program. Investors will be eager to understand how the company plans to monetize its self-driving technology and how it will affect Tesla's overall revenue and profitability in the future.

The investor day on March 1 will provide a glimpse into Tesla's progress in the development of its self-driving car program and its plans for transforming the future of transportation. Investors should come prepared with thoughtful questions and a critical eye to evaluate the company's claims and assess the potential opportunities and challenges lying ahead.