Bezos invests in Slate Auto, an EV startup

Jeff Bezos is secretly backing Slate Auto, a new electric vehicle startup, through his family office, Bezos Expeditions. The company's approach is distinct from competitors. Slate Auto, founded in 2022, aims to offer an affordable electric pickup truck priced at $25,000. The company is led by former executives from major automotive companies and is focused on customization and lifestyle branding, similar to Harley-Davidson. The startup, still in the research and development phase, is expected to begin production in 2026. A prototype vehicle has been spotted, and the company is attracting investment from figures like the owner of the LA Dodgers.