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

Group 1 - Tesla is recognized as a significant player in the humanoid robot market, focusing on deploying its Optimus humanoid robot in various sectors while avoiding military and police applications [1] - RBC has reiterated its "Outperform" rating for Tesla, projecting a $400 billion market in robot sales by 2050, with the current valuation of the robot division estimated at $640 billion [1] - This robot division valuation accounts for more than one-third of RBC's $500 price target for Tesla's stock [1] Group 2 - Tesla operates in the automotive and clean energy sectors, utilizing advanced artificial intelligence in its autonomous driving and robotics initiatives [2]