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Jeff Bezos-Backed Slate Auto To Take On Elon Musk's Tesla, Rivian With Budget EV Pickup: Report

Benzinga LogoBenzinga3w ago

Jeff Bezos-Backed Slate Auto To Take On Elon Musk's Tesla, Rivian With Budget EV Pickup: Report - Benzinga

Quick Summary:

Jeff Bezos is reportedly backing a Michigan-based all-electric mobility startup, Slate Auto, with a goal of developing a cheap single-cab EV truck to take on the likes of Tesla Inc.(NASDAQ:TSLA) and Rivian Automotive Inc.(NASDAQ:RIVN).

The report said that Slate Auto has brought in people from the likes of Ford Motor Co.(NYSE:F), Harley-Davidson Inc.(NYSE:HOG), and General Motors Co.(NYSE:GM).

Slate Auto has set a target of developing a “cheap” $25,000 single-cab EV truck, and plans to enter the production phase by late 2026.

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Jeff Bezos-Backed Slate Auto To Take On Elon Musk's Tesla, Rivian With Budget EV Pickup: Report - Benzinga (Picture 1)

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Article Details

Author / Journalist: Badar Shaikh

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 10:36:18 (3 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27861851

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 6 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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The outlet is headquartered in United States and publishes an average of 6 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://infodata.beamstart.com/news/jeff-bezos-backed-slate-auto-17446279701258

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