Elon Musk Faces Competition in $10 Trillion Humanoid Robot Market from China

Reported 2 days ago

Elon Musk envisions a $10 trillion market for humanoid robots, but he faces increasing competition from China, which showcases rapidly advancing humanoid technology. Major tech players in both nations have invested heavily in robotics, with China's government backing its emergence as a global tech leader. While Tesla's Optimus aims for vast consumer adoption, Chinese firms like Unitree are already disrupting pricing in the sector. Experts predict that humanoids could soon become as commonplace as smartphones, yet technological gaps remain, particularly in advanced components and AI chips, that China seeks to overcome.

Source: YAHOO

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