New Electric Pickup Truck Costs Less Than $25,000

Slate Auto is taking preorders for an electric pickup truck priced at $24,950—cheaper than most EVs on the market. The base model skips fancy features like fancy stereos and screens to keep costs down. Most electric vehicles start around $30,000 to $45,000, so this is notably lower. The real test: can the company actually make money building them at that price.