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TELO CEO Raises $20M to Challenge Tesla - Why This Compact Truck Changes Everything

Reading time: 2 min • Sep 25, 2025, 05:48 AM (UTC)

Key Points

  • Tesla co-founder Ian Tarpenning funds TELO Trucks, a new com...

Tesla co-founder Ian Tarpenning just wrote a check to fund Tesla's newest competitor. If that doesn't make you check your calendar twice, nothing will.

TELO Trucks snagged $20 million in funding to launch their MT1 electric pickup, and the irony meter is officially broken. When one of Tesla's founding fathers bets against the company he helped create, you know the electric truck game just got interesting.

Size Matters (And So Does Your Credit Score)

While Tesla's Cybertruck looks like it was designed by someone who exclusively shops at Home Depot, TELO's MT1 takes a different approach: ...

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