Automakers Tesla and Hyundai Pivot to Humanoid Robots, Eyeing $7.5 Trillion Market

Automakers like Tesla and Hyundai are shifting gears, moving from building cars to creating humanoid robots. These companies are betting that their expertise in manufacturing will give them a dominant edge in a market that's expected to reach a massive $7.5 trillion by 2050.

Tesla, led by Elon Musk, has already made headlines with its humanoid robot project, "Optimus," which aims to revolutionize industries by automating repetitive tasks. With the same innovation that transformed electric vehicles, Tesla plans to use its advanced AI and manufacturing prowess to build robots capable of working alongside humans in factories, homes, and other environments.

Hyundai, under the leadership of CEO Jaehoon Chang, is also diving into this new frontier, leveraging its extensive experience in robotics. The company has already made significant strides with its "Cobot," or collaborative robot, which is designed to assist factory workers in a more seamless, human-like manner.

Both companies view humanoid robots not just as futuristic gadgets, but as essential tools to address labor shortages, improve productivity, and streamline operations. As the race heats up, these automakers are positioning themselves at the forefront of a technology that could reshape the future of work.