Carvana, an online used car retailer, has obtained the option to invest in Slate Auto, an electric vehicle startup backed by Jeff Bezos and Guggenheim Partners CEO Mark Walter. Documents indicate that Carvana received a warrant to acquire shares in Slate Auto by 2025, coinciding with Slate's $650 million Series C funding round. Although it remains unclear if Carvana has exercised this option, the retailer is actively pursuing expansion into new car sales, having acquired multiple Stellantis dealerships across the United States. Slate Auto is set to announce final pricing and begin non-refundable preorders for its affordable electric vehicles, expected to be priced in the mid-$20,000 range, with deliveries anticipated by year-end. The startup plans to sell directly to customers, bypassing traditional dealerships, which could present logistical challenges. Partnering with Carvana could alleviate some of these issues while enhancing Slate's visibility in the market.