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Technology Stocks : Tesla EVs - TSLA
TSLA 468.43+2.6%9:30 AM EST

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From: Savant9/25/2025 12:21:14 AM
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TELO Trucks recently raised $20 million, with Tesla co-founder Tarpenning among the lead investors, as reported by Electrek. Tarpenning is on the company's board of directors, according to TechCrunch.

The startup is working on the MT1, a pickup truck that compares to the Mini Cooper in size, with a base price of $41,000 without incentives. The price might come in higher than what consumers expect for a truck of its size, but would be less than options from Tesla, General Motors Co

The vehicle is targeting a range of 350 miles, which would be more than the 325 miles estimated for the Cybertruck. TELO plans for the MT1 to have seating for five people.

Tesla Co-Founder Takes On Elon Musk, Jeff Bezos With Plans For $41,000 Electric Truck - Tesla (NASDAQ:TSLA) - Benzinga
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