Framing Analysis
Slate Auto plans to sell an American-made electric pickup truck starting at $24,950 with preorders beginning June 24, 2026 and production scheduled for autumn 2026. The company, backed by Jeff Bezos and Mark Walter with Peter Faricy as CEO, targets gross-margin positivity on every vehicle and break-even at roughly 80,000 units annually. It revised its earlier sub-$20,000 target after the end of the $7,500 federal EV tax credit.