Jeff Bezos-Backed Slate Auto To Take On Elon Musk's Tesla, Rivian With Budget EV Pickup: Report

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…