The Latest Breaking News from Slate

The Slate truck won't cost under $20,000 anymore. Here's why things are about to get harder for the EV startup.

The Jeff Bezos-backed Slate Truck debuted in April with promises of 201 horsepower, 150 miles of range, and most importantly, a sub-$20,000 asking price. But thanks to President Trump's "Big Beautiful Bill," that affordable price tag may be out the door before the truck even hits the road.

The electric truck may still enter production next year, but that tempting sub $20,000 price now appears like a dream.

Former Fisker executive Matthew DeBord knows how tough the EV startup world can be. He still thinks it's worth starting a car company.

Even for someone like me, who doesn’t want, let alone need, a pickup, the idea of a cheap electric truck is certainly compelling. The tiny EV workhorse from a new company partially funded by Amazon founder Jeff Bezos will start at around $25,000. Factoring in the federal tax credit, assuming…

Also, Nio cuts costs to get profitable while Toyota invests in itself for the long run.

Slate, the startup electric carmaker with backing from Amazon founder Jeff Bezos, revealed on Monday it has secured over 100,000 reservations for its affordable pickup truck. The refundable reservations cost $50 each, meaning Slate has raised over $5 million in reservation fees alone.

If you've been dreaming of an EV that costs less than the average family's income, Slate's got you covered for the low starting price of under $20,000 after federal incentives, assuming those are still around when it launches. That puts it within reach of far more buyers than expensive electric…

Georgia is dotted with dozens of clean energy projects, often located in far-flung rural areas. Combined, they’re worth $28 billion, promising 42,000 well-paying manufacturing jobs. They are scattered across solar, hydrogen and grid transmission projects, but electric vehicles are at the center of it all, designed to provide greater independence…

Slate Auto hopes to offer affordable electric vehicles, but it has to navigate federal incentives and restrictions in the process.

Slate Auto and Telo Trucks have each announced small electric pickup trucks that are radically different from your run-of-the-mill Ford F-150.