So is the key to making them love electric trucks… a very small one? Now, investors want in on that same bet: Telo announced Tuesday it has closed a $20 million Series A funding round. To contrast, Slate Auto, which is building its own wild take on a small electric pickup truck, has raised more than $700 million. The MT1’s small stature helps because it’s inherently not as heavy as a normal-sized truck, boosting efficiency. There are real headwinds against EVs in the U.S. these days, but Marks believes Telo can overcome them.