Morgan Stanley’s Adam Jonas just introduced the “Global Humanoid Model,” projecting 1 billion humanoid robots and $5 trillion in annual revenue by 2050. They believe the implications for global manufacturing, supply chains, and geopolitics are still under-appreciated.
Morgan Stanley sees humanoids eventually eclipsing the global auto industry in size, with final equipment sales reaching nearly double the revenues of today’s top 20 automakers combined. They flag China as being in pole position today, but ask the real question: who’s going to challenge that dominance? And when will robots start showing up in your portfolio?
Morgan Stanley’s Adam Jonas just introduced the "Global Humanoid Model," projecting 1 billion humanoid robots and $5 trillion in annual revenue by 2050. They believe the implications for global manufacturing, supply chains, and geopolitics are still under-appreciated.
Morgan… pic.twitter.com/P3YqQoHbph
— Wall St Engine (@wallstengine) April 29, 2025