RBC Backs Tesla’s (TSLA) Humanoid Strategy as the Robot Race Widens

Tesla, Inc. (NASDAQ:TSLA) is one of the Must-Watch AI Stocks on Wall Street. On December 4, RBC reiterated the stock as “Outperform.” The firm believes that Tesla is a key player in the humanoid race but that the robot race remains wide open. “Tesla is focusing on deploying its Optimus humanoid robot across manufacturing, hospitality, and consumer markets, while intentionally excluding military and police applications.” Firm analyst Tom Narayan projects a $400 billion in robot sales by 2050. Discountin ...