Headline: Tesla Robotaxi Potential Stuns Analysts, Projecting 2035 Revenue at $250B - TSLA

[Para 1: The Lead] Wolfe Research analysts predict Tesla (TSLA-US) will transform its Robotaxi service into a pivotal revenue driver, projecting revenues to soar to $250 billion by 2035. This forecast, based on a top-down model, assumes a 30% autonomous driving penetration rate, a 50% market share for Tesla, and a per-mile pricing of $1.00. [Para 2-3: Supporting details & Context] Emmanuel Rosner, Wolfe's analyst, highlights that 2026 could be a catalyst year for Tesla, with investors closely monitoring the expansion of Robotaxi services, the production progress of the Optimus humanoid robot, and the deployment of unsupervised full self-driving (FSD) software. Rosner estimates that if all factors progress favorably, Tesla's long-term investment returns will be highly attractive. The model assumes a 30% autonomous driving penetration rate, Tesla's 50% market share, and a per-mile pricing of $1.00. This scenario projects Robotaxi revenues to reach $250 billion by 2035, supporting a stock value of approximately $2.75 trillion, discounted back to present value at $900 billion, equivalent to over $250 per share. Optimus and FSD licensing could add further upside.