He was never "in it"; but he put up the seed money, then participated in the main round of fund raising and placed a ton of his people in the company. So even if his is not personally involved, he has all the strings he needs to pull it where he wants it to go (which, IMO, means Slate will be enshitified to the full the moment those little trucks start selling)
https://techcrunch.com/2025/04/08/inside-the-ev-startup-secretly-backed-by-jeff-bezos/