Musk Shifts Focus to Robots: Morgan Stanley Recommends Top Humanoid Parts Suppliers

• Elon Musk announced Tesla is halting some EV production to focus on Optimus robot development, converting a California plant.
• Morgan Stanley identifies component suppliers as early beneficiaries of the nascent humanoid robot industry's growth.
• Shanghai-listed Leaderdrive, a preferred supplier, saw its 2025 net profit more than double and is deepening talks with overseas partners.
• Morgan Stanley doubled its forecast for China's humanoid sales to 28,000 units this year, up from 14,000.
• Inovance Technology and Jiangsu Hengli Hydraulic are also recommended by Morgan Stanley for their specialized parts for humanoids.

Why It Matters: Elon Musk's pivot to robots is driving demand for humanoid parts, with Morgan Stanley highlighting key suppliers.