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PotentHerbs said:

It's disappointing that we may never see TLOU Online, but Naughty Dog may reuse some assets for a multiplayer mode in Part 3.

We also got confirmation about two single player games in development. I believe Neil confirmed that a project went into full development while Naughty Dog was working on TLOU Online. The best case scenario for ND in terms of release cadence, is one project in 2026, and the other in 2028.

2026 may be optimistic too. TLOU Part II started development in 2014 and took 6 years to make with 2100 people total working on the game with notorious crunch, and for a PS4 game. 

I can't imagine how long it'll take for a PS5 only game along with changes at the studio to where crunch won't be necessary. Hopefully. May be even more people required.