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Jeff Bezos-backed Slate Auto wants to take on Tesla and Rivian with this $25,000 electric truck


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  The Michigan-based startup Slate Auto introduced a new $25,000 electric pickup truck that could shake up the EV industry in a big way.

Slate Auto, backed by Jeff Bezos, is set to challenge Tesla and Rivian in the electric vehicle market with its new $25,000 electric pickup truck. The startup aims to make electric trucks more affordable and accessible, targeting a price point significantly lower than competitors like Tesla's Cybertruck, which starts at $39,900, and Rivian's R1T, priced at $73,000. Slate Auto's truck is designed to offer a range of 250 miles on a single charge and features a unique modular design that allows for easy customization and upgrades. The company plans to begin production in 2025 and is currently seeking additional funding to support its ambitious goals.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/companies/jeff-bezos-backed-slate-auto-wants-to-take-on-tesla-and-rivian-with-this-25000-electric-truck/ar-AA1DzGwt ]

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