Jan 17, 2025 5:55 AM CST 2 minutes & 30 seconds read time TL;DR: Goldman Sachs updated its 2027 estimates for Tesla, predicting the robotaxi business will start in late 2026, generating $115 million in revenue by 2027. The firm expects Tesla to use remote assistance and geofencing, similar to competitors, to enhance performance but limit scaling. Elon Musk claims Tesla will be significantly safer than human drivers by 2025. Goldman Sachs has just updated its views on Tesla for its 2027 estimates, saying that it assumes Tesla's robotaxi business will "begin commercial operations" in 2H 2026, reaching around $115 million in revenue in 2027. The analyst firm expects to see Tesla use remote assistance and geofencing to launch its robotaxi service, adding that "directionally similar to the approaches used by robotaxis on the road currently from competitors". Goldman Sachs analyst Mark Delaney says that the company believes the use of remote assistance, and a narrow geographic environment "could help to improve technical performance compared to Tesla's FSD service on consumer vehicles, although limit the rate of scaling for at least the next few years". Elon Musk recently came out and said that Tesla will be 100x safer than human drivers by 2025, adding that they "just won't crash". Elon also said that Tesla is capable of driving anywhere, "even an alien planet". You can about those stories and his comments below: