News
Musk’s Boring Co. invites 10 lucky hat buyers to tour LA tunnel and drive boring machine
After making a fully-functioning flamethrower, Elon Musk’s The Boring Company seems to be continuing in its efforts to make true to its promises. Back in December, Tesla, SpaceX, and The Boring Co. CEO Elon Musk announced that ten lucky buyers of the tunneling startup’s hats would be given the opportunity to tour the firm’s ongoing LA tunnel project and drive one of the company’s boring machines. Now, it appears like the selection of winners for the exciting prize has begun, and at least one winner has been selected.
In a post on the r/BoringCompany subreddit, one of the online community’s members noted that he received an email stating that he was selected as one of the ten lucky hat buyers who will be taking the special LA tunnel tour. The redditor admitted that he initially had reservations about the legitimacy of the email from the tunneling startup, as he suspected that the message could have been accidentally broadcasted to all 50,000 buyers of The Boring Co. hat. When other members of the community confirmed that they did not receive the same message, however, speculations became high that the email might very well be legitimate.
One of the things that immediately struck the members of the online community was the fact that the message came from The Boring Company’s email account, hat@boringcompany.com. The tone and wit in the prize-announcing email were also very similar to the usual rhetoric adopted by the Elon Musk-led tunneling startup. Here is the text of the email, as shared by the lucky winner.
Subject: The Boring Company Tour
Hi,
Congrats! Per Elon’s tweet, you’ve been randomly selected as one of ten lucky hat aficionados invited to tour The Boring Company’s LA tunnel, drive our boring machine and attend our Hyperloop Competition weekend this summer!
Expect to receive more information in late February as to the specific dates. Note that, if you choose to attend, you will need to cover your own transportation and accommodation costs.
Bring some shoes you’re comfortable getting dirty… and your hat, of course.
A screenshot of the email could be viewed here.
The announcement message, if it does indeed prove to be legitimate, reveals a lot about the experience waiting for the ten lucky hat buyers that would be picked for the unique tour. For one, it seems like those selected for the prize would not only be touring the LA tunnels and driving the boring machine; they would also be attending the upcoming Hyperloop Competition.
The dates for the Hyperloop Competition have not been announced, though official documents for the event state that the finals would be held sometime this summer. In this respect, the timeline in the announcement email and the schedule of the Hyperloop event matches perfectly.
As could be seen in the recently shared email, The Boring Company would not be shouldering the transportation and accommodation expenses of those who will be invited for the special LA tunnel tour. Considering the experience waiting for the remaining winners of Elon Musk’s fun hat raffle, however, at least nine more buyers of The Boring Company hat would definitely have an experience that is truly unforgettable.
Elon Musk
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla confirmed HW3 vehicles cannot run unsupervised FSD, replacing its free upgrade promise with a discounted trade-in.
Tesla has officially confirmed that early vehicles with its Autopilot Hardware 3 (HW3) will not be capable of unsupervised Full Self-Driving, while extending a path forward for legacy owners through a discounted trade-in program. The announcement came by way of Elon Musk in today’s Tesla Q1 2026 earnings call.
🚨 Our LIVE updates on the Tesla Earnings Call will take place here in a thread 🧵
Follow along below: pic.twitter.com/hzJeBitzJU
— TESLARATI (@Teslarati) April 22, 2026
The history here matters. HW3 launched in April 2019, and Tesla sold Full Self-Driving packages to owners on the understanding that the hardware was sufficient for full autonomy. Some owners paid between $8,000 and $15,000 for FSD during that period. For years, as FSD’s AI models grew more demanding, HW3 vehicles fell progressively further behind, eventually landing on FSD v12.6 in January 2025 while AI4 vehicles moved to v13 and then v14. When Musk acknowledged in January 2025 that HW3 simply could not reach unsupervised operation, and alluded to a difficult hardware retrofit.
The near-term offering is more concrete. Tesla’s head of Autopilot Ashok Elluswamy confirmed on today’s call that a V14-lite will be coming to HW3 vehicles in late June, bringing all the V14 features currently running on AI4 hardware. That is a meaningful software update for owners who have been frozen at v12.6 for over a year, and it represents genuine effort to keep older hardware relevant. Unsupervised FSD for vehicles is now targeted for Q4 2026 at the earliest, with Musk describing it as a gradual, geography-limited rollout.
For HW3 owners, the over-the-air V14-lite update is welcomed, and the discounted trade-in path at least acknowledges an old obligation. What happens next with the trade-in pricing will define how this chapter ultimately gets written. If Tesla prices the hardware path fairly, acknowledges what early adopters are owed, and delivers V14-lite on the June timeline it committed to today, it has a real opportunity to convert one of the longest-running sore subjects among early adopters into a loyalty story.
Elon Musk
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Tesla’s Optimus factory in Texas targets 10 million robots yearly, with 5.2 million square feet under construction.
Tesla’s Q1 2026 Update Letter, released today, confirms that first generation Optimus production lines are now well underway at its Fremont, California factory, with a pilot line targeting one million robots per year to start. Of bigger note is a shared aerial image of a large piece of land adjacent to Gigafactory Texas, that Tesla has prominently labeled “Optimus factory site preparation.”
Permit documents show Tesla is seeking to add over 5.2 million square feet of new building space to the Giga Texas North Campus by the end of 2026, at an estimated construction investment of $5 billion to $10 billion. The longer term production target for that facility is 10 million Optimus units per year. Giga Texas already sits on 2,500 acres with over 10 million square feet of existing factory floor, and the North Campus expansion is being built to support multiple projects, including the dedicated Optimus factory, the Terafab chip fabrication facility (a joint Tesla/SpaceX/xAI venture), a Cybercab test track, road infrastructure, and supporting facilities.
Texas makes strategic sense beyond the existing infrastructure. The state’s tax structure, lower labor costs relative to California, and the proximity to Tesla’s AI training cluster Cortex 1 and 2, both located at Giga Texas and now totaling over 230,000 H100 equivalent GPUs, means the Optimus software stack and the factory producing the hardware will share the same campus. Tesla’s Q1 report also confirmed completion of the AI5 chip tape out in April, the inference processor designed specifically to power Optimus units in the field.
As Teslarati reported, the Texas facility is intended to house Optimus V4 production at full scale. Musk told the World Economic Forum in January that Tesla plans to sell Optimus to the public by end of 2027 at a price between $20,000 and $30,000, stating, “I think everyone on earth is going to have one and want one.” He has previously pegged long term demand for general purpose humanoid robots at over 20 billion units globally, citing both consumer and industrial use cases.
Investor's Corner
Tesla (TSLA) Q1 2026 earnings results: beat on EPS and revenues
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a miss on vehicle deliveries for the first quarter, delivering 358,023 vehicles and building 408,386 cars during the three-month span.
As Tesla transitions more toward AI and sees itself as less of a car company, expectations for deliveries will begin to become less of a central point in the consensus of how the quarter is perceived.
Nevertheless, Tesla is leaning on its strong foundation as a car company to carry forward its AI ambitions. The first quarter is a good ground layer for the rest of the year.
Tesla Q1 2026 Earnings Results
Tesla’s Earnings Results are as follows:
- Non-GAAP EPS – $0.41 Reported vs. $0.36 Expected
- Revenues – $22.387 billion vs. $22.35 billion Expected
- Free Cash Flow – $1.444 billion
- Profit – $4.72 billion
Tesla beat analyst expectations, so it will be interesting to see how the stock responds. IN the past, we’ve seen Tesla beat analyst expectations considerably, followed by a sharp drop in stock price.
On the same token, we’ve seen Tesla miss and the stock price go up the following trading session.
Tesla will hold its Q1 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q1 2026 Earnings Call at 4:30pm CT https://t.co/pkYIaGJ32y
— Tesla (@Tesla) April 22, 2026
