<div id="readability-page-1"><div><div>Elon Musk acknowledged in January that Tesla will need to replace Hardware 3 in vehicles owned by customers who purchased the Full Self-Driving package — a driver-assistance system marketed as capable of autonomous driving. He described the situation as both “painful” and “difficult.”What was promised in 2016 is now being revised in 2025 — and not without surprises. Musk clarified that millions of Teslas built with Hardware 3 won't be able to reach full autonomy as initially planned. Instead, they'll require an upgrade to Hardware 4, signaling a major shift from the company's earlier stance that Hardware 3 would be sufficient for FSD.Don't Miss:<ul> <li>Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – with $1,000 you can invest at just $0.30/share!</li> <li>Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late.</li> </ul><div><h3>Deloitte’s #1 fastest-growing software company partners with Amazon, Walmart &amp; Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.26/share!</h3><div><div>Mode Mobile developed a smartphone called EarnPhone, which allows users to earn and save money by playing video games, listening to music and reading the news. With the phone priced at an affordable $99, the barriers to adoption are low. Earning Opportunity for All Smartphone Users Mode EarnPhone State-of-the-art smartphone device includes built-in earning features. EarnOS Proprietary earning software turns smartphones into EarnPhones.</div><div><img src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2024/11/22162831/Elon.jpg/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0yMzA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="460" height="460" original-src="https://imageproxy.pbkrs.com/https://cdnwp-s3.benzinga.com/wp-content/uploads/2024/11/22162831/Elon.jpg/query-YXV0bz13ZWJwJmRwcj0yJm9wdGltaXplPW1lZGl1bSZ3aWR0aD0yMzA"/></div></div><div><div>Min. Investment: $1000 Share Price: $0.26 Valuation: $310M </div></div></div><h2>Full Self-Driving Buyers Learn They're Not Quite There Yet</h2>Tesla first claimed during a press call in October 2016 that all its vehicles came with the necessary hardware for full autonomy, encouraging drivers to purchase the FSD package—now priced as high as $15,000. But during Tesla's Q3 2024 earnings call on Oct. 23, Musk publicly acknowledged that HW3's processing power is no longer sufficient for Tesla's evolving self-driving ambitions. He explained that achieving full autonomy—without driver supervision—requires far more computing power than initially expected.Tesla is preparing to upgrade eligible vehicles free of charge. While this gesture may prevent legal blowback, it presents a new financial strain at a time when Tesla is already under pressure from slowing sales and tighter competition.Trending: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000.Electrek estimated that over 4 million cars may be affected, which could cost Tesla hundreds of millions of dollars depending on retrofit demand. While the company did not confirm a figure, Musk referred to the financial impact as &#34;non-trivial.&#34;This isn't the first time Tesla has revised its hardware claims. Mashable reported that in 2019, owners of HW2 and HW2.5 vehicles were told they needed to upgrade to HW3 to continue using new FSD features. Now, five years later, the cycle is repeating with the transition to HW4.Adding to the pressure, a class-action lawsuit filed in February alleges Tesla misled consumers by overstating its cars’ self-driving capabilities. This latest hardware revelation could strengthen the plaintiffs' claims.Meanwhile, competitors are charging ahead. According to The Verge, Waymo is completing over 200,000 driverless taxi rides per week using lidar and radar-based systems—components Tesla has consistently avoided in favor of a camera-only approach.However, Fortune reported that Tesla plans to debut its first supervised robotaxi fleet in Austin by mid-2025, starting with 10 to 20 Model Ys. But Musk cautioned that factors like weather may limit operations, undercutting earlier statements about achieving Level 5 autonomy in all conditions.Tesla's EV market share in the U.S. dropped below 50% in early 2025, while European sales slumped amid growing competition. <ul> <li>Invest where it hurts — and help millions heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold.</li> <li>Be part of the next med-tech breakthrough for only $350 — 500+ surgeries already done with nView's AI system.</li> </ul>Image: Shutterstock</div></div></div>

TSLA

Elon Musk announced that Tesla will need to replace Hardware 3 in vehicles with the Full Self-Driving package, describing the situation as "painful" and "difficult." Millions of Teslas will require an upgrade to Hardware 4 to achieve full autonomy, contradicting earlier claims that Hardware 3 was sufficient. This change may cost Tesla hundreds of millions and comes amid a class-action lawsuit alleging misleading claims about self-driving capabilities. Tesla's market share is declining as competitors advance in autonomous driving technology.

- Elon Musk announced that Tesla vehicles with Hardware 3 will need an upgrade to Hardware 4 to achieve full autonomy, contradicting earlier claims that Hardware 3 was sufficient.  
- This change affects over 4 million cars and could cost Tesla hundreds of millions, as the company prepares to upgrade eligible vehicles for free amid slowing sales and increased competition.  
- Additionally, a class-action lawsuit alleges that Tesla misled consumers about its self-driving capabilities, further complicating the company's position in a rapidly evolving market.  

Elon Musk Calls It 'Painful And Difficult'—Why Tesla's Full Self-Driving Buyers May Need A Surprise Hardware Swap