After falling sales, Elon Musk's Cybertruck now faces another challenge, and Jeff Bezos is behind it

Slate Auto, a Michigan startup backed by Jeff Bezos, plans to launch a budget-friendly electric pickup. The truck will start at $25,000, potentially under $20,000 with tax incentives. It contrasts Tesla's Cybertruck with its focus on affordability. The basic model offers 150 miles of range and minimal features. Customers can customize it later.