The Tile Calorimeter (TileCal) is a sampling hadronic calorimeter covering the central region of the ATLAS experiment, with steel as absorber and plastic scintillators as active medium. The High-Luminosity phase of LHC, delivering five times the LHC nominal instantaneous luminosity, is expected to begin in 2028. TileCal will require new electronics to meet the requirements of a 1 MHz trigger, higher ambient radiation, and to ensure better performance under high pile-up conditions. Both the on- and off-detector TileCal electronics will be replaced during the shutdown of 2025-2027. The TileCal upgrade program has included extensive R&D and test beam studies. A Demonstrator module with reverse compatibility with the existing system was inserted in ATLAS in August 2019 for testing in actual detector conditions. The ongoing developments for on- and off-detector systems, together with expected performance characteristics and recent results of test-beam campaigns with the electronics prototypes will be discussed.