Peter Faricy's Slate Auto prices its stripped-down EV truck at $24,950
The Bezos-backed automaker is testing whether a direct-sale, accessory-heavy model can make cheap EVs profitable in the US.
By Ryan Merket · Published
Primary source: Business Insider
Why it matters
Slate Auto is testing a founder-operator bet the auto giants have mostly avoided: a profitable cheap EV built around simplicity, direct sales and post-sale customization.
The Bezos-backed automaker is testing whether a direct-sale, accessory-heavy model can make cheap EVs profitable in the US.
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