A $25,000 Electric Pickup Truck From a Startup Backed by Jeff Bezos

Slate Auto, a Michigan startup funded by Jeff Bezos, plans to build a basic two-seat electric pickup truck for $25,000—less than half the price of Tesla's Cybertruck. Production could start near Indianapolis in late 2026. Ford and Tesla have ignored this lower-price segment, leaving room for newcomers willing to make thinner profits per vehicle.