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9.17852225791139E-05 0.000917852225791628 0.00137677833868736 -0.000688389169343762 0.00413033501606241 0.00963744837081217 0.0234052317576869 0.0234052317576869
Stock impact report

Bezos-backed EV startup pitched investors on ‘Transformer'-like customization [TechCrunch]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: TechCrunch
It's a marketing tactic that teases the secretive startup's strategy to sell a “Transformer”-like vehicle, people familiar with the company's internal discussions told TechCrunch. This unconventional real-world tease comes days before Slate's April 24 launch event at Long Beach Airport, according to an invite viewed by TechCrunch. The Michigan-based startup, founded in 2022, has operated in relative secrecy until TechCrunch published a report revealing Bezos' financial involvement , as well as its plan to price its EV at around $25,000 while encouraging buyers to customize the vehicle to their liking. That base model is referred to as the “Blank Slate” version, according to a trademark application and another person familiar with the company's plans. Slate has also filed for a trademark for the phrase: “We Built It. You Make It.” The Autopian's David Tracy traveled to Venice, California over the weekend where Slate parked a concept version of the truck made to look like a two-do Show less Read more
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