TELO Trucks

TELO Trucks is a San Carlos, California EV startup building the MT1, a compact all-electric pickup that packs the bed length and towing muscle of a mid-size truck into the road footprint of a two-door MINI Cooper. Founded in 2022 by Jason Marks, Forrest North, and designer Yves Behar, the company argues that American trucks got needlessly huge and that cities deserve a five-seat, five-foot-bed pickup that parks anywhere. With 12,000-plus preorders and a $20M Series A backed by Tesla co-founder Marc Tarpenning and Salesforce CEO Marc Benioff, TELO is targeting first deliveries by the end of 2026.