The Bullish Outlook for Tesla Over the Next Three Years

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Tesla’s Revenue Growth From Robotaxis Projected

Tesla’s gross profit is expected to rise significantly, increasing from $17.1 billion in 2025 to $29.1 billion in 2028, according to data from S&P Global Market Intelligence. This growth is anticipated to coincide with the emergence of its robotaxi business, which is projected to generate approximately $2 billion in gross profit by 2028, constituting about 6.9% of Tesla’s overall profit that year.

By 2029, analysts forecast the robotaxi segment could contribute around $12 billion in gross profit, making up nearly 29% of the company’s total gross profit of $41.7 billion. The potentially low operational cost per mile for autonomous rides—estimated at $0.20 by CEO Elon Musk—enhances the attractiveness of this revenue model as Tesla’s Cybercab, priced below $30,000, is developed.

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