Carvana has received a warrant to potentially invest in Slate Auto, an EV startup backed by Jeff Bezos. The deal, revealed in Delaware filings, could see Carvana acquire shares in Slate Auto around 2025, as both companies explore new business avenues.
Slate Auto, the EV startup backed by Jeff Bezos, raised $650 million to fund its effort to build an affordable electric pickup truck expected to start in the mid-$20,000s. The company plans on delivering its first EV later this year. The Series C round was led by TWG Global, headed by Guggenheim Partners founder and […]
Slate Auto, a secretive EV startup backed by Jeff Bezos, has emerged as a disruptive force in the U.S. market with its low-cost, modular electric trucks. Despite regulatory shifts impacting tax credits, the company has secured over 150,000 reservations.
