Inside Slate Auto: The Jeff Bezos-Backed EV Startup Disrupting Affordable Electric Trucks
The Stealthy Michigan Startup With Big Ambitions
Jeff Bezos is secretly funding Slate Auto, a Michigan-based electric vehicle startup poised to begin production as early as 2026, according to exclusive documents and insider sources. The company has operated under the radar since its 2022 founding while assembling an impressive team of automotive veterans from Ford, GM, Stellantis, and Harley-Davidson.
Key Investors and Funding
- Jeff Bezos’ family office confirmed as major backer through SEC filings
- $111 million Series A raised in 2023 with 16 investors
- Additional high-profile backers include:
- Mark Walter (LA Dodgers owner, Guggenheim Partners CEO)
- Thomas Tull (lead investor in Re:Build Manufacturing)
- Series B round completed late 2024 (500M preferred shares authorized)
The $25,000 Electric Pickup Revolution
Slate Auto’s ambitious mission centers on creating an affordable two-seat electric pickup truck priced around $25,000. Internal discussions reveal the company is modeling its approach after iconic vehicles like:
- Ford Model T
- Volkswagen Beetle
This price point would make Slate’s offering one of the most affordable EVs on the market, targeting first-time car buyers.
Production Plans and Facilities
- Target production start: Late 2026
- Manufacturing facility near Indianapolis, Indiana
- Currently leasing design studio in Long Beach, California
- Headquarters in Troy, Michigan
Unique Business Model: Beyond Vehicle Sales
Recognizing the slim margins of affordable EVs, Slate is developing a comprehensive ecosystem:
- Customization Platform: Trademarked “WE BUILT IT. YOU MAKE IT” system
- Accessories & Apparel: High-margin add-ons inspired by Harley-Davidson’s success
- Educational Program: “Slate University” for customer education and engagement
Leadership With Automotive Pedigree
Slate breaks from typical EV startup molds with its experienced leadership team:
- CEO Christine Barman: 20+ years at Chrysler, led development of iconic models
- Executive Chairman Rodney Copes: Former Harley-Davidson executive
- CFO Ryan Green: Finance veteran from Harley-Davidson and Rivian
Amazon DNA Runs Deep
The startup’s connections to Amazon extend beyond Bezos’ investment:
- Originally conceived as “Re:Car” within Re:Build Manufacturing
- Founded by former Amazon Consumer CEO Jeff Wilke and MIT classmate Miles Arnone
- Multiple Amazon veterans in key positions
- Uses Amazon-style “re:” naming convention
Bucking the EV Industry Trend
While most EV startups follow Tesla’s premium-first approach, Slate is flipping the script:
- Targeting mass-market affordability from day one
- Focusing on upgradability and personalization
- Leveraging proven automotive manufacturing expertise
Current Challenges in the EV Market
The company is launching during a turbulent time for electric vehicles:
- Cooling growth in EV sector
- Multiple EV startups have filed for bankruptcy
- Established players like Rivian burning through billions
What We Still Don’t Know
Despite extensive research, several questions remain:
- Exact amount of Bezos’ personal investment
- Specific production location details
- Final vehicle specifications and range
- Timeline for public reveal
Slate Auto represents one of the most intriguing developments in the EV space, combining Amazon’s innovation culture with Detroit’s automotive expertise. As the company moves closer to production, all eyes will be on whether it can deliver on its promise of truly affordable electric mobility.
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