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Tesla co-founder unveils electric garbage truck
The global transition from combustion engine to all-electric vehicle continues to move into new sectors as Wrightspeed has just released its first fleet of range-extended electric refuse trucks. The powertrain represents a new era in vehicle propulsion, repowering a generation of lighter, quieter, and more efficient vehicle fleets for urban streets.
Wrightspeed’s commercial application of the range-extended, turbine-electric powertrain is the heavy-duty Class 8 Freightliner, which will be delivered to The Ratto Group, a Sonoma County solid waste collection and recycling business. The Class 8 Freightliner is the first of at least fifteen electric vehicles that will be integrated into the trash company’s fleet over the next year, according to Tim Dummer, Wrightspeed’s chief business officer. Dummer, an engineering and commercialization executive, was brought into Wrightspeed in October, 2016 as part of the company’s ramp-up of its Range-extended Electric Vehicle (REV) powertrain systems.
Called The Route™, Wrightspeed’s REV powertrain is optimized for the refuse industry and can be customized to fit a variety of today’s heavy-duty truck platforms, replacing both the engine and the transmission. Much of the growing demand for the award-winning The Route is due to Wrightspeed’s founder, Ian Wright, one of the original co-founders of Tesla Motors. After his departure from Tesla Motors in 2003, Wright had a vision that electric vehicles could deliver high-performance without compromising intrinsic efficiency. Using turbines and applying electric vehicle principles to urban, heavy-duty trucks, The Route powertrain was the result.
The Wrightspeed system can power a 66,000-pound GVW truck, delivering up to 24 miles on battery power before the range extender kicks in. After that, range is nearly unlimited as long as there is fuel for the turbine. With fuel efficiency the equivalent of up to 7 mpg in combined electricity-liquid fuel operation, the powertrain can slash annual fuel consumption by 70 percent or more compared with the average diesel refuse truck. CEO Lou Ratto says he expects a fuel savings of at least 50 percent.
Eventually, all of Ratto’s 130 residential trash and recycling trucks may be retrofitted with the turbine-electric powertrain. This is an ambitious undertaking, as a refuse truck’s demanding duty cycle drains an electric powertrain’s batteries quickly. Think start, then stop. Start, stop. Wrightspeed’s electric powertrain drives more low-end torque to the wheels than conventional diesel engines, with less fuel, emissions, and noise.
Wrightspeed, in a sense, is recycling Ratto’s trash collection trucks. The Wrightspeed/ Ratto contract is thought to be in the range of $3 million to $5 million.
A new refuse truck that meets all California air quality standards costs more than $500,000, so Wrightspeed’s retrofit of Ratto’s existing trucks makes the system more cost-effective, Van Amburg relates. Sonoma County officials like the trash fleet electrification program because they see it as a means of improving local air quality, says Efren Carrillo, chairman of the Sonoma County Board of Supervisors. Ratto concurs. “Here in Sonoma County there is a lot of environmental consciousness, and we are always looking for ways to be cleaner, environmentally friendly, and help the bottom line. And the idea that [by electrifying the trucks] we can do this and get off the air quality rollercoaster and stop battling to meet California emissions requirements— that makes it all worthwhile.”
ALSO SEE: The Tesla Semi will shake the trucking industry to its roots
Wrightspeed featured its powertrain technology alongside Mack Trucks at Waste Expo 2016 in Las Vegas and signed a $30+ million agreement with NZ Bus, symbolizing multinational and multimodal demand for Wrightspeed’s powertrain technology. In June, the company was named a Technology Pioneer by the World Economic Forum (WEF), and CEO Wright was an invited presenter to the International Business Council of the World Economic Forum. He will be a keynote speaker at the upcoming SAE 2016 Range Extenders for Electric Vehicles Symposium in Knoxville, 2-3 November, 2016.
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Tesla Model Y becomes first-ever car to reach legendary milestone
The Tesla Model Y became the first-ever car to reach a legendary Norwegian milestone, surpassing 100,000 new registrations after gaining a reputation as one of the most popular vehicles in the country and the world.
As of May 20, Norwegian authorities have registered 100,224 units of the electric SUV, according to data from local outlet Opplysningsrådet for veitrafikken (OFV).
By population, roughly one in every 29 passenger cars on Norwegian roads is now a Model Y, underscoring its rapid rise as a national favorite.
Since the first deliveries in August 2021, the Model Y has transformed from a newcomer to a staple in Norwegian traffic.
Tesla back on top as Norway’s EV market surges to 98% share in February
Geir Inge Stokke, the Managing Director of OFV, described the achievement as “remarkable,” noting that few single models have gained such traction so quickly. “Tesla Model Y has hit the Norwegian market spot on, and the numbers illustrate how fast the EV market has developed here,” Stokke said.
The Model Y’s success reflects Norway’s aggressive push toward electrification. Nearly nine out of ten units, 87.6 percent, to be exact, are privately registered, with the remaining 12.4 percent on company plates. Owners span the country, from major cities to smaller municipalities, proving it is no longer just an urban or niche vehicle but a true “people’s car.
Who is Buying Tesla Model Ys in Norway?
Typical Model Y drivers are men in their early 40s. The average registered user age is 44, with 83 percent male and 17 percent female. Stokke noted that household usage often extends beyond the primary registrant, broadening the vehicle’s real-world appeal.
Geographically, adoption concentrates in urban centers with strong charging infrastructure. Oslo leads with 16,861 registrations (16.82 percent of the national total), followed by Bergen (7,450), Bærum (4,313), and Trondheim (4,240).
The top five municipalities—Oslo, Bergen, Bærum, Trondheim, and Asker—account for 35,463 units, or about 35 percent of all Model Ys. Yet the vehicle’s presence outside big cities highlights its broad acceptance.
Growth Trajectory and Popularity
Tesla built a lot of sales momentum in a short amount of time. In 2021, registrations closed out at 8,267, but more than doubled to more than 17,000 units in 2022 and more than 23,000 units in 2023. 2025 was the company’s strongest year yet, as Tesla managed to record 27,621 registrations.
Through 2026, Tesla already has 7,036 registrations.
Tesla’s Global Success with the Model Y
Tesla has tasted so much success with the Model Y; it has been the best-selling car in the world three times, it has dominated EV sales in numerous countries, and contributed to a mass adoption of electric vehicles across the planet.
As Stokke emphasized, the Model Y’s journey from newcomer to icon mirrors Norway’s broader success story. With robust incentives that push sales, excellent infrastructure, and consumer eagerness to transition to sustainable powertrains, the country continues setting global benchmarks in sustainable mobility.
The Tesla Model Y stands as a shining example of how quickly change can happen when conditions align.
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SpaceX reveals what Anthropic will pay for massive compute deal
SpaceX has disclosed the full financial details of its groundbreaking agreement with Anthropic, confirming that the AI company will pay $1.25 billion per month for dedicated high-performance computing resources.
The revelation came through SpaceX’s latest securities filing in preparation for its initial public offering, shedding light on one of the largest compute deals in the artificial intelligence sector to date. The prospectus was released last night, as SpaceX is heading toward its IPO.
This arrangement underscores the fierce demand for specialized infrastructure as frontier AI models require unprecedented levels of processing power to train and operate effectively. Industry analysts see the disclosure as a significant milestone, highlighting how top AI labs are locking in massive capacity to stay ahead in a rapidly accelerating field.
For SpaceX, it feels like a massive move that pushes its perception as a company from space exploration to artificial intelligence.
SpaceX is following in Tesla’s footsteps in a way nobody expected
The comprehensive deal grants Anthropic exclusive access to SpaceX’s Colossus clusters, encompassing Colossus I and the substantially expanded Colossus II, which together deliver hundreds of megawatts of power along with more than 200,000 NVIDIA GPUs.
Payments extend through May 2029, totaling nearly $45 billion overall; capacity is scheduled to ramp up during May and June 2026 at an initial discounted rate to facilitate seamless integration. Both companies retain the option to terminate the agreement with ninety days’ notice, so there is definitely some flexibility for both.
This pact not only enhances Anthropic’s ability to scale usage limits for Claude users but also injects substantial recurring revenue into SpaceX, bolstering its expansion into advanced data center operations and future orbital computing initiatives.
Observers describe the collaboration between the two companies as strategically advantageous because it gives Anthropic cutting-edge AI development the opportunity to collaborate with SpaceX’s expertise in rapid, large-scale infrastructure deployment.
This disclosure arrives at a pivotal moment when computing resources have become the primary bottleneck for AI progress.
As leading organizations compete to build more powerful systems, securing reliable, high-density facilities has emerged as a key differentiator.
SpaceX’s sites, such as those in Memphis, offer superior power availability and advanced cooling solutions that set them apart from conventional providers. For Anthropic, the added capacity is expected to deliver tangible improvements, including extended context windows, quicker inference times, and innovative features that appeal to both enterprise clients and individual users.
Looking ahead, the partnership paves the way for ambitious joint projects, including potential space-based AI compute platforms designed to overcome terrestrial limitations on energy and thermal management. Such efforts could redefine sustainable computing at massive scales.
Financially, the deal solidifies SpaceX’s diverse revenue profile ahead of its public market debut, extending beyond traditional aerospace activities. The massive check SpaceX will cash each month opens up the idea that additional
While some experts question the sustainability of these enormous expenditures given ongoing efficiency gains in AI architectures, the commitment reflects a strong belief in sustained demand growth.
The agreement also exemplifies productive synergies across sectors, with aerospace engineering insights optimizing AI hardware performance. As global attention on technology concentration increases, arrangements of this nature may help shape equitable access to critical resources.
Elon Musk
SpaceX just filed for the IPO everyone was waiting for
SpaceX filed its public S-1, revealing $18.7 billion in revenue and billions in losses.
SpaceX publicly filed its S-1 registration statement with the Securities and Exchange Commission on May 20, 2026, making its financial details available to the public for the first time ahead of what could be the largest IPO in history.
An S-1 is the formal document a company must submit to the SEC before going public. It includes audited financials, risk factors, business descriptions, and how the company plans to use the money it raises. Companies are required to file one before selling shares to the public, and it must be published at least 15 days before the investor roadshow begins. SpaceX had already submitted a confidential draft to the SEC in April, which allowed regulators to review the filing privately before it went public.
The S-1 reveals that SpaceX generated $18.7 billion in consolidated revenue in 2025, driven largely by its Starlink satellite internet division, which posted $11.4 billion in revenue, growing nearly 50% year over year. Despite that growth, the company lost about $4.9 billion in 2025 and has burned through more than $37 billion since its founding.
SpaceX just forced Verizon, AT&T and T-Mobile to team up for the first time in history
A significant portion of those losses trace back to xAI, Elon Musk’s artificial intelligence company, which was recently merged into SpaceX. SpaceX directed roughly 60% of its capital spending in 2025 to its AI division, totaling around $20 billion, yet that division lost billions and grew revenue by only about 22%.
SpaceX plans to list its Class A common stock on Nasdaq under the ticker SPCX, with Goldman Sachs, Morgan Stanley, and Bank of America leading the offering. The dual-class share structure means going public will not meaningfully reduce Musk’s control, as Class B shares he holds carry 10 votes per share compared to one vote for public Class A shares.
The company is targeting a raise of around $75 billion at a valuation of roughly $1.75 trillion, which would make it the largest IPO ever. The investor roadshow is reportedly planned for June 5.