Analysts at Morgan Stanley believe that the humanoid robot market potential of Tesla (NASDAQ: TSLA) is greater and growing faster than that of autonomous vehicles.

Predictions suggest that by 2040, there will be 8 million humanoid robots globally, impacting labor wages by up to $357 billion; by 2050, this number is expected to reach 63 million, impacting wages by $3 trillion.

The analysts point out that artificial intelligence is driving innovation in robotics technology, with Tesla at the forefront in this field. Tesla CEO Musk also suggests that in the future, the number of humanoid robots could surpass that of humans, reaching a ratio of two to one or higher.

Tesla's three major technological and manufacturing advantages include:

1. High-quality and rapidly growing datasets: Tesla continues to collect data from its large fleet of vehicles.
2. Global manufacturing footprint and automated processes: These help in monitoring and gathering data from employees to train robots.
3. Vertically integrated software and hardware infrastructure: Tesla has extensive experience in software and hardware infrastructure.

Currently, analysts have set Tesla's target stock price at $310, primarily considering its automotive, related software services, and energy businesses. They have not yet included the potential humanoid robot market in their evaluation but maintain their "hold" rating.