Home » do not delete stream » Slate raises $650 million to make its budget electric truck

× Share this Article

Facebook
Twitter
Email
LinkedIn

Slate raises $650 million to make its budget electric truck

April 13, 2026 Andrew J. Hawkins

Share this Article
Facebook
Twitter
Email
LinkedIn

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 LA Dodgers owner Mark Walter and financier Thomas Tull. Slate didn't disclose its latest investors, but both Walter and Tull were investors in Re:Build Manufacturing, a Bezos-owned company from which Slate spun off last year. The company also didn't disclose its latest valuation, but was at $1.2 billion as of January 2025, acco …

Read the full story at The Verge.

OpenAI executive sends internal memo: ‘The market is as competitive as I have ever seen it’

OpenAI's chief revenue officer, Denise Dresser, sent a four-page memo to employees on Sunday about the comp...

Microsoft is testing OpenClaw-like AI bots for 365 Copilot

Microsoft is looking into ways it can integrate OpenClaw-style features into 365 Copilot, according to a re...

Most Recent Articles

OpenAI executive sends internal memo: ‘The market is as competitive as I have ever seen it’

Howdy Howdy chicken chowdy

Howdy Howdy chicken chowdy

Howdy Howdy chicken chowdy

tally ho my dear boy

tally ho my dear boy

tally ho my dear boy

tally ho my dear boy

tally ho my dear boy

tally ho my dear boy

Slate raises $650 million to make its budget electric truck

Previous Article

Next Article

Most Recent Articles

OpenAI's chief revenue officer, Denise Dresser, sent a four-page memo to employees on Sunday about the company's strategic direction, emphasizing the need to lock in users and grow its enterprise...

Microsoft is looking into ways it can integrate OpenClaw-style features into 365 Copilot, according to a report from The Information. The test reportedly comes as part of efforts to make its 365...

If it’s time for you to upgrade your phone, it’s worth considering the Pixel 10A, Google’s latest midrange phone that has some (but not all) of the new software features of the pricier $599 Pixel...

Over the last few years, Capcom has done an exceptional job of solidifying its lineup of big, long-running franchises. The likes of Monster Hunter, Resident Evil, and Street Fighter have all been...

Today, I’m talking with Sarah Personette, CEO of Puck, which is a fancy new media company that’s been around for just about five years now. Puck hires big stars and gives them newsletters that are...

SwitchBot is introducing a new version of the tiny button-pressing robot that helped launch the company a decade ago. The functionality of the new SwitchBot Bot is exactly the same as the original...

Meta CEO Mark Zuckerberg could soon have an AI clone of himself to interact with and provide feedback to employees, according to a report from the Financial Times. Sources tell the outlet that...

Farmers are very busy in the spring, under pressure to get crops into the ground just as the Northern Hemisphere begins to thaw. But this year has been different for many, thanks in large part to...

Roblox is making a subtle but notable change. After swapping the word "game" for "experience" all over its website and mobile apps in 2021 while the Epic Games v. Apple trial was taking place,...

Roblox is about to make a big change to how you can access games on its platform: If you want to play any game that's intended for users nine or older, you will have to complete an age...

Elon Musk promised Neuralink would bring superhuman abilities and minds merged with AI. Then he fueled a runaway hype train for his brain implant technology, which ended up with a grisly record...

Microsoft has started testing its own virtual mouse cursor inside its Xbox mode for Windows-based handhelds. The new Gamepad Cursor option provides a quick way to turn the left stick of a handheld...

Sam Altman was seemingly targeted by a second attack on Sunday morning, with two suspects arrested following a shooting at his Russian Hill residence, The San Francisco Standard reports. The...

Apple and Samsung have both been strongly linked with plans for foldable phones in a boxy, wide aspect ratio, but it looks like another company will get there first. Huawei has just revealed the...

For obvious reasons, I've had Moon on the mind all week. So I was trying to figure out what I should recommend this week that would thematically fit. Brian Eno's Apollo: Atmospheres and...

Rockstar confirmed on Saturday that some of its data was compromised in a breach of a third-party provider. The group ShinyHunters claimed responsibility, saying it had gained access to the...

In celebration of The Super Mario Galaxy Movie coming to theaters, Nintendo is making it a little cheaper to get both Super Mario Galaxy games when you buy a $449.99 Nintendo Switch 2 console. Now...

We spend a lot of time at The Verge waxing poetic about the latest gadgets, but sometimes it’s the last-gen devices from several years ago that offer the better value. The 2021 Kindle Paperwhite...

RGB LED TVs have been the talk of the TV world this year, with models coming from all the manufacturers, and the first one of 2026 is here - the Hisense UR9. It's the first look at the viability...

For years, even decades, virtually everyone in the United States had the same phone. Nobody really thought about it, it didn't even matter what it was called - it was just The Phone. Well, The...