Slate Auto, an electric vehicle startup backed by Jeff Bezos, has replaced its CEO months before its affordable electric truck launch. Former Amazon executive Peter Faricy is the new CEO, while the original CEO, Christine Barman, transitions to the role of President of Vehicles.
The company is preparing to convert approximately 160,000 preorders into actual orders for its truck, which is now targeted to start in the mid-$20,000 range. The leadership change underscores the strong influence of Amazon alumni within the startup's executive team.
The main topics covered are: a CEO change at an EV startup, the company's upcoming product launch and pricing, and the significant influence of former Amazon executives within the company.