Slate Auto's $24,950 Electric Pickup Undercuts the $25,000 Market Floor

Slate Auto opened preorders June 24 for its electric pickup at $24,950—breaking the $25,000 threshold long seen as the EV market's practical floor. The base model strips away infotainment and amenities to hit that price point. Established manufacturers' entry-level EVs typically start at $30,000–$45,000. Whether Slate can sustain that margin at volume production remains the open question.