Elon Musk is stressing robots over cars. Here are three humanoid parts suppliers that Morgan Stanley recommends
Morgan Stanley analysts highlight stocks of companies that sell specialized robotics parts.
TL;DR
- Tesla is converting a California plant to produce the Optimus robot.
- Chinese companies have already increased humanoid robot deliveries and are pursuing global partnerships.
- Component suppliers are expected to be the initial beneficiaries of the humanoid robot industry's growth.
- Leaderdrive, a Chinese robotics company, has seen its net profit more than double and expects significant revenue from robots.
- Morgan Stanley has doubled its forecast for Chinese humanoid robot sales this year.
- Tesla plans to sell Optimus robots to the public by the end of 2027, aiming for 1 million units annually.
- Other companies like Inovance Technology and Jiangsu Hengli Hydraulic are developing specialized parts for humanoids.
- Progress on Tesla's Optimus has significantly impacted the stock performance of Chinese humanoid parts companies.