Slate Auto raises $650 million as production gets closer and closer

The electric pickup startup Slate Auto started the week well. This morning, it announced it has raised $650 million in its latest funding round.

Slate is a refreshing outlier among the aspiring new electric vehicle OEMs. Lucid debuted with an electric sedan that intended to move the game on from the Tesla Model S. Rivian said, "What if [we had] supercar suspension and a smiley face for an EV with serious off-road skills?" Both arguably succeeded. Sony Honda Mobility wanted to make the EV a true digital content hub...