Morgan Stanley analysts have identified AI as a key driver of transformational change in robotics, highlighting Tesla’s Optimus humanoid robot as a significant opportunity, potentially outpacing the adoption of autonomous cars. They foresee a vast market for humanoid robots, projecting 8 million units in the U.S. by 2040 and 63 million by 2050, impacting wages by $357 billion and $3 trillion, respectively.
Tesla CEO Elon Musk predicts humanoids will eventually outnumber humans by two-to-one. Analysts emphasize Tesla’s advantage due to its extensive data collection, global manufacturing capabilities, and integration of hardware and software. While their $310 price target for Tesla doesn’t account for the humanoid market, Morgan Stanley maintains an Overweight rating on the stock.
