Slate Auto, an electric vehicle startup backed by Amazon CEO Jeff Bezos, unveiled its inaugural truck the company says starts at a price of $20,000 for the most bare-bones version, a lower price than competitors including Elon Musk’s Tesla vehicles.

Slate Auto, a small independent automaker based in Troy, Mich., has unveiled its new bare-bones truck, the 2027 Slate Truck EV, which is customizable and is priced at less than $30,000. "It's a Slate.

Slate Auto, a firm backed in part by Amazon founder Jeff Bezos, is unveiling a low-cost electric truck that can also change into an SUV.