Big electric trucks are having a hard time. The Cybertruck is a bust, Stellantis just canceled the Ram 1500 EV, and even sales of Ford’s promising F-150 Lightning have been on the decline.
But the United States loves trucks. So is the key to making them love electric trucks… a very small one?
That’s the bet that California-based startup Telo has been making since its inception in 2022. The company has designed a bite-sized truck called the MT1 with an admittedly not-so-small starting price of around $41,000.
Now, investors want in…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)