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Bezos-backed Slate Auto takes the wraps off its $25,000 EV truck [Fortune]
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But one of the hottest feuds around lately? That goes to JD.com-Meituan. In a battle fit for a business school case study, the two Chinese tech giants are inflicting so much damage on each other in a bid to win food delivery market share that analysts have cut price targets for both their stocks, which are both down by 30% from last month. It's a lose-lose, in other words. A race to the bottom. A slugfest. Which one's Rocky and which one's Apollo? We'll soon find out. Today's news below. —Andrew Nusca Want to send thoughts or suggestions to Fortune Tech? Drop a line here Bezos-backed Slate Auto takes the wraps off its $25,000 EV truck The new $25,000 configurable electric truck from Slate Autos, photographed at its launch event in Long Beach, Calif. on April 24, 2025. (Photo: Andrew Nusca/Fortune) Ever wonder what an electric truck would look like if it was branded AmazonBasics? Michigan-based Slate Auto , which is in fact backed by Amazon founder Jeff Bezos, unveiled its
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