Slate Auto, backed by Jeff Bezos and Mark Walter, will reveal EV pricing on June 24 and begin taking $50 refundable reservations followed by $300 non-refundable preorders, with a mid-$20k target price and ~160,000 reservations; the company has raised about $1.4B including a $650M Series C, and regulatory shifts around federal EV tax credits could impact economics.
Slate Auto will begin taking orders for its low-cost EV on June 24; pricing is still undisclosed (mid-$20k range anticipated after tax-credit changes), with 160k+ reservations and about $1.4B raised, led by Bezos/Mark Walter and new CEO Peter Faricy, with first deliveries expected by year-end.
Bezos Expeditions’ Melinda Lewison left Slate Auto’s board per state filings, leaving Bezos without direct representation; Slate Auto’s funding history totals roughly $700M (including a $650M Series C led by TWG Global), while Bezos shifts attention to robotics via Project Prometheus, raising governance and regulatory visibility.
Slate Auto raises $650M in funding led by TWG Global to fund affordable EV truck plans.
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