New American EV Company Is Taking on Elon Musk With a $20,000 Truck

Slate Auto's new electric pickup truck, the Slate Truck, directly challenges Tesla's Cybertruck by offering a simpler, more affordable option. Boasting 150 miles of range on a single charge, starting at $20,000 with federal tax incentives, it prioritizes practicality over luxury features like infotainment systems or autonomous driving. Buyers can further customize the vehicle into an SUV via flat-pack kits, making it adaptable to various needs. Supported by investors including Jeff Bezos, Slate aims to carve out a niche in the EV market while addressing concerns about rising battery costs and competition from companies like Rivian.