
Jeff Bezos is reportedly backing a Michigan-based all-electric mobility startup, Slate Auto, with a goal of developing a cheap single-cab EV truck to take on the likes of Tesla Inc. (NASDAQ:TSLA) and Rivian Automotive Inc. (NASDAQ:RIVN). What happened: A report published by TechCrunch shared that the company is backed by Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos. The report said that Slate Auto has brought in people from the likes of Ford Motor Co. (NYSE:F), Harley-Davidson Inc. (NYSE:HOG