Tech
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Rani Molla

Bezos-backed EV company teases $25,000 trucks ahead of Tesla earnings, where low-cost Model Ys expected to be delayed

Slate Auto, the stealth electric vehicle company backed by Amazon founder Jeff Bezos, has recently been pretty loud about its ~$25,000 Tesla competitor. It’s apparently planted a number of concept versions of the new vehicle on California streets, including this one ridiculously wrapped in pink and blue spotted by The Autopian and advertising what appears to be a fake business for driving babies around until they fall asleep.

“It’s a marketing tactic that teases the secretive startup’s strategy to sell a ‘Transformer’-like vehicle,” according to TechCrunch, which uncovered the company last month. TechCrunch added that other versions of the truck look like a hatchback or a pickup truck.

The vehicle is expected to be formally unveiled at a launch event at Long Beach Airport on April 24.

EV publication Electrek called the move a “masterstroke of marketing,” since Tesla, which reports earnings today, scrapped plans for its long-awaited $25,000 vehicles. Now even lower-cost versions of existing models are expected to be delayed.

To us, this seems like just the latest volley in a battle of egos between billionaires.

“It’s a marketing tactic that teases the secretive startup’s strategy to sell a ‘Transformer’-like vehicle,” according to TechCrunch, which uncovered the company last month. TechCrunch added that other versions of the truck look like a hatchback or a pickup truck.

The vehicle is expected to be formally unveiled at a launch event at Long Beach Airport on April 24.

EV publication Electrek called the move a “masterstroke of marketing,” since Tesla, which reports earnings today, scrapped plans for its long-awaited $25,000 vehicles. Now even lower-cost versions of existing models are expected to be delayed.

To us, this seems like just the latest volley in a battle of egos between billionaires.

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CHINA-US-DIPLOMACY

Anthropic really doesn’t want the US to help China with AI

Anthropic made its case for freezing China out of the AI race as much as possible in a new policy paper. The company warned that letting China catch up to US AI companies could risk AI-powered mass surveillance and huge risks to monitoring AI safety.

Jon Keegan5/15/26
Tesla Robotaxi

Tesla finally reported un-redacted information about its Robotaxi crashes

There have been a total of 17 crashes so far among its Texas Robotaxis. Read about them all here.

Rani Molla5/15/26
tech
Rani Molla

Alphabet sold $3.6 billion in Japanese yen bonds — a record for a foreign company — likely to help its AI capex binge

We now have the value for Alphabet’s Japanese yen bond raise — 576.5 billion yen, or $3.6 billion — and it’s a record for a foreign issuer in Japan. The deal was spread across seven tranches with maturities ranging from 3 to 40 years, allowing the company to lock in rates as low as 1.965%.

The latest deal comes on the heels of Alphabet’s massive US and European bond deals, where the company has tapped global markets for nearly $60 billion in fresh capital over the last few months. In a filing earlier this week, the search giant said it would use the proceeds for “general corporate purposes.” That likely means fueling its AI infrastructure build-out, which has pushed its projected 2026 capex bill to a staggering $190 billion.

tech
Rani Molla

Bloomberg: Relationship between OpenAI and Apple has deteriorated and legal action may be imminent

The two-year-old alliance between Apple and OpenAI has deteriorated, Bloomberg reports, with the AI giant now consulting legal counsel about issuing a potential breach of contract notice.

OpenAI executives allege that Apple failed to adequately integrate and promote ChatGPT on the iPhone, causing the AI firm to lose out on billions a year in subscriptions and hurt its brand, according to the report.

Meanwhile, Apple has expressed concerns over OpenAI’s privacy protection, and has been miffed that OpenAI has been working on its own hardware with former Apple design lead Jony Ive.

More recently, Apple, which has trailed its peers in developing AI, has decided to offer users their choice of AI models, rather than aligning exclusively with OpenAI’s.

Meanwhile, Apple has expressed concerns over OpenAI’s privacy protection, and has been miffed that OpenAI has been working on its own hardware with former Apple design lead Jony Ive.

More recently, Apple, which has trailed its peers in developing AI, has decided to offer users their choice of AI models, rather than aligning exclusively with OpenAI’s.

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