Bezos is a topic tracked in our intelligence system with 5 linked articles.
Bezos-backed Flourish raises $500M with a $2.5B valuation to study real neurons in a bid to reinvent AI.
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 cites a Queens nurse earning $75k/year who pays more than $1,000/month in taxes to argue middle-income tax burdens are too high.
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.
Bezos-backed Slate Auto raises $650M in a Series C to develop a budget EV pickup with a target mid-$20k price; first deliveries expected later this year, with a valuation around $1.2B as of Jan 2025.
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