$TSLA Goldman Sachs just released a report to quantify the massive revenue opportunity around Tesla's $TSLA FSD & robotaxi, projecting Tesla could eventually derive tens of billions of dollars in revenue from FSD subs or up-front purchases. Key highlights from the report 👇🏼 🧵 For Tesla, a robotaxi would be built on Tesla’s low-cost next generation platform and lack a steering wheel, and a robotaxi could have either more cameras than current consumer Tesla vehicles (with some observers noting the front placement on the B-pillars can reduce visibility).

Tesla could have a cost advantage at scale vs. other AVs given the reduced sensor inputs and its ability to vertically integrate (including with its own ASICs on the vehicle).

$TSLA Goldman Sachs released a new research analyzing the impact of reduced Tesla vehicle prices. $GS expects the price reduction will drive stronger volumes (1.8m unites in 2023), and assigns $TSLA a buy-rated price target of $200 based on a 40x PE multiple of Q5-Q8 est. EPS🧵 1. Volume growth is important for Tesla’s vertically integrated model. Its new factories will offer attractive unit economics at scale

COGS per vehicle at the new Austin and Berlin factories over time will be closer to Shanghai than to Fremont in the low to mid $30K per vehicle

Goldman Sachs $GS just dropped a 70-page research on humanoid robots and predicts the humanoid market will be as big as the EV industry today by 2035, growing 94% a year to $154bn by 2035

Real-world AI leaders such as $TSLA & motion components manufactures are set to lead growth Humanoid robot shipment could hit 1mm units by 2030, and have the potential to become the next widely adopted device (after smartphone/EVs)