Slate: Every Electric Truck CouldBe Profitable by Selling Extras

Slate’s CEO says every barebones electric pickup will be gross margin positive, driven by a pricing model that charges for options usually included by competitors. After the federal EV tax rebate ended, base price rose to $24,950 before destination, positioning Slate’s truck as cheaper than many sedans but pricier than some crossovers. The company targets an 80,000-vehicle breakeven and expects roughly 60% of buyers to upgrade to the squareback SUV, lifting the average price toward $30k; the fastback option could push it higher. If reservations convert and option-ups are popular, Slate could reach profitability before peers, even before adding further accessories.
- Slate Says Every Truck Will Be Profitable, Probably Because It Makes You Pay For Things Every Other Car Already Has Jalopnik
- A $24,950 Electric Pickup Truck? Bezos-Backed Company Ready To Take On Tesla Yahoo Finance
- We Rode in the Slate Pickup, and Here’s What We Learned MotorTrend
- Slate's $24,950 EV truck is tiny, stripped-down, and ridiculously customizable Business Insider
- Underpromise, overdeliver? Hands-on with the $24,950 Slate auto. Ars Technica
Reading Insights
1
5
3 min
vs 4 min read
87%
771 → 101 words
Want the full story? Read the original article
Read on Jalopnik