Jeff Bezos is backing the secretive EV startup Slate Auto, which has revealed its first product, an electric pickup truck. Meanwhile, U.S. tariffs are shifting, with a 90-day pause on certain tariffs impacting the transportation sector, although 10% base tariffs remain. This uncertainty has led analysts to downgrade price targets for major companies like Apple and Tesla. Additionally, Lucid Motors has won a bankruptcy auction for Nikola's factory assets, investing approximately $30 million. The wider EV market faces challenges as tariffs on Chinese imports affect battery costs.