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Tesla’s Future: A Hardware Upgrade Heist

Elon’s admission could upend millions’ car ownership, but it’s just another day in Silicon Valley.

Tesla owners might soon face a hefty upgrade bill for self-driving fun. CEO Elon Musk confirmed that millions of vehicles will need physical updates to run the company's advanced Full Self-Driving software.


The move comes with steep financial and operational challenges, as Tesla must set up microfactories in major cities. These will service potentially millions of cars, making it a costly venture for the electric vehicle giant.


In other news, Redwood Materials CEO JB Straubel announced restructuring and layoffs, hinting at a shift towards energy storage. The tech world buzzed with speculation about who might leave or join next, as Disrupt 2026 continues to lure investors and founders.


A new player in the autonomous vehicle game, Humble Robotics, raised $24 million in its seed round. Founded by Silicon Valley veterans like Eyal Cohen and Drew Gray, it’s an exciting development that might finally bring autonomy to traditional vehicles.


Meanwhile, Lyft is expanding its reach with a UK acquisition and plans for London's streets. The competition between ride-hailing giants shows no signs of slowing down as they jockey for position in Europe and beyond.

Original source:  https://techcrunch.com/2026/04/26/techcrunch-mobility-elons-admission/
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