Jeff Bezos is reportedly backing a new auto company called Slate Auto, aiming to launch a no-frills vehicle priced under $20,000 by 2026. Designed to compete with Tesla's Cybertruck, the vehicle skips modern features like infotainment screens in favor of basic knobs and dials. While it’s a stripped-down model, it targets budget-conscious Americans who need reliable transportation, making it a potentially positive development for both the economy and working-class consumers.
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