Earlier today we announced that Motorola is rolling out the official 5.0.2 OTA update with a few minor updates like an update to Google Play, and various improvements and bugfixes. OTA rollouts usually are not an all at once mass update, but are rather rolled out slowly region by region this way if something goes wrong in the first batch they can pull the update and get that fixed before rolling it out to everyone else. If you are still waiting on the update you no longer have to. The update was pulled and made available for download. If you have a custom recovery you should be able to flash this zip in recovery. Head to the link below to grab the download now if you must be on the bleeding edge.
Via XDA