New American EV Company Is Taking on Elon Musk With a $20,000 Truck

Slate, a Jeff Bezos-backed startup, has unveiled a cheap, no-frills lightweight electric truck priced at just $20,000.
The US Department of Transportation issued revised rules for autonomous and partially automated vehicles on Thursday. Despite fears that the Trump administration would roll back safety regulations as it has for air and water standards, crashes involving autonomous or partially automated vehicles must still be reported to the government. And now, domestic autonomous vehicle developers will be able to benefit from exemptions previously only offered to foreign companies.
"This administration understands that we're in a race with China to out-innovate, and the stakes couldnβt be higher," said US Transportation Secretary Sean Duffy in a statement. "As part of DOT's innovation agenda, our new framework will slash red tape and move us closer to a single national standard that spurs innovation and prioritizes safety," Duffy said.
The National Highway Traffic Safety Administration is keeping its Standing General Order, which requires manufacturers of autonomous or partially automated vehicles to report crashes that occur with such systems on public roads. Crashes using either autonomous driving systems or a partially automated system like GM's Super Cruise or Tesla's Autopilot must be reported within 10 days if anyone involved was killed or taken to hospital, if a vulnerable road user was hit, if the airbags deployed, or if the vehicle had to be towed away from the crash.
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In one of the strangest launches weβve seen in a while, Slate Auto, the reportedly Jeff Bezos-backed electric vehicle startup, unveiled its first EV, the Slate Truck. Notably, the vehicle is capable of a claimed 150 miles (241 km) of range at a starting price of less than $20,000, assuming federal clean vehicle tax credits continue to exist.
Slate caused a lot of social media froth when it parked a pair of styling concepts (not functional vehicles) in Venice, California, advertising bizarre fake businesses. Today, the company unveiled the vehicle to the press at an event near the Long Beach Airport.
The Blank Slate, as the company calls it, is "all about accessible personalization" and includes a "flat-pack accessory SUV Kit" that turns the truck from a pickup into a five-seat SUV and another that turns it into an "open air" truck. The aim, according to a spokesperson for Slate Auto, is to make the new vehicle repairable and customizable while adhering to safety and crash standards.
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Last night, a new company called Slate Auto unveiled its first product, a spartan two-seater electric truck with a mere 150 miles of range and a world of possibility. There's no paint, no distracting infotainment screen, and no stereo or even radio. It doesn't tower over your average 12-year-old, and it may sell for under $20,000 (including incentives) when it arrives in 2026.
If it arrives, of course. We don't need to get into the litany of obstacles that lie in the path of Slate's future success - including a global trade war and a presidential administration openly hostile to EVs - because instead I'm interested in talking about the truck as a possible antidote to our growing obsession with overpowered, oversize trucks and SUVs.
You've probably noticed this problem if you have eyes and live in America in 2025. Our roads are packed with these roving land yachts. Sales of SUVs and pickup trucks reached new highs in 2024, accounting for 75 percent of total vehicle registrations. A decade ago, these two segments made up just half of the market. Today, they represent three out of every four new vehicles sold in America.
A world of possibility
These vehicles are bigger and heavie β¦
If you've read our cargo e-bike shopper's guide, you may be well on your way to owning a new ride. Now comes the fun part.
Part of the joy of diving into a new hobby is researching and acquiring the necessary (and less-than-necessary) stuff. And cycling (or, for the casual or transportation-first rider, βriding bikesβ) is no differentβthere are hundreds of ways to stock up on talismanic, Internet-cool parts and accessories that you may or may not need.
Thatβs not necessarily a bad thing! And you can even get creativeβPC case LEDs serve the same function as a very specific Japanese reflective triangle that hangs from your saddle. But letβs start with the strictly necessary.
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Tesla managed to hold onto profitability in the first quarter of 2025βbut only just. Earlier this month, the automaker reported double-digit declines in both production and delivery numbers thanks to the impact of CEO Elon Musk's central role in the Trump administration, a global trade war, and an increasingly outdated and tiny product lineup. Yesterday, we saw the true cost of those factors when Tesla published its profit and loss statement for Q1 2025.
Total revenues fell by 9 percent year over year to $19.3 billion in Q1. Selling cars accounts for 72 percent of Tesla's revenue, but these automotive revenues fell by 20 percent year over year. Strong growth (67 percent) in Tesla's storage battery and solar division helped the bottom line, as did a modest 15 percent increase in revenue from services, which includes its Supercharger stations, which are now opening to other car brands.
But Tesla's expenses grew slightly in Q1 2025, and more importantly, its profitability shrank. Income from operations fell by two-thirds to $399 million, and its operating marginβonce as high as 20 percentβhas fallen to just 2.1 percent. After the third successive fall in a row, the company will start to lose money on every car it sells if this trend continues.
Β© hoto by Joseph Prezioso / AFP via Getty Images
MIAMIβA decade after its first visit to the state, Formula E returned to Florida this past weekend. The even has come a long way since that first chaotic Miami ePrix: The cars are properly fast now, the racing is both entertaining and quite technical, and at least the trackside advertising banners were in place before the start of the event this time.
It's not the same track, of course. Nor is it anywhere near the Hard Rock Stadium that Formula 1 now fills with ersatz marinas and high-priced hospitality packages during its visit to the area. Despite what the b-roll helicopter shots might have led viewers to believe, we were actually an hour south of the city at a mid-sized oval track next to a landfill in Homestead. Usually, a place that hosts NASCAR races, for Formula E, there was a 2.2-mile (3.5 km) layout that used the straights and infield but not the banked corners.
Formula E has begun to branch out from its original diet of racing exclusively on temporary city center street tracks, having visited Portland International Raceway in Oregon in 2023 and 2024. Despite the bucolic charm of PIR, with its easy bicycle and light rail access, enthusiastic crowd of attendees, and exciting racing, it was only a temporary patch for Formula E. The vast majority of Formula E's fans live outside the US, and Portland means nothing to them, but they've heard of Miami, I was told last year.
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When a cyclist sees the Trek Madone SLR 9 AXS Gen 8 for the first time, the following thoughts run through their head, usually in this order:
"What a beautiful bike."
"Damn, that looks really fast."
Β© Eric Bangeman
A rare spot of good news today: For the second year in a row, US roads got a little safer. The National Highway Traffic Safety Administration published its early estimate of road deaths in 2024; 39,345 people lost their lives, which is a 3.8 percent decrease from the 40,901 deaths that occurred on US roads in 2023.
The problem started with the pandemic; although road traffic dried up, the death rate leapt by 20 percent.
There's no single cause, and studies have identified multiple contributing factors: empty roads designed to practically encourage speeding, little to no enforcement of traffic laws by the police, a general sense of fatalism in the face of public health restrictions that few Americans had ever contemplated in recent times, and car companies making big trucks and SUVs with high hoods, which are much more deadly to pedestrians and other vulnerable road users in a crash.
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Are you a millennial parent who has made cycling your entire personality but have found it socially unacceptable to abandon your family for six hours on a Saturday? Or are you a bike-curious urban dweller who hasnβt owned a bicycle since middle school? Do you stare at the gridlock on your commute, longing for a bike-based alternative, but curse the errands you need to run on the way home?
I have a solution for you: invest in a cargo bike.
Cargo bikes aren't for everyone, but they're great if you enjoy biking and occasionally need to haul more than a bag or basket can carry (including kids and pets).Β In this guide, we'll give you some parameters for your searchβand provide some good talking points to get a spouse on board.
Β© Aurich Lawson | John Timmer
Imagine having a well-designed payment app for your car's infotainment system that let you effortlessly pay for parking, road tolls, EV charging, or refueling. Such a concept found universal appeal among US drivers, according to a study by a market research company. But simplicity is key: The moment it gets difficult to register or use such an app, interest wanes and people prefer to pay for things the older-fashioned ways, DriveResearch found.
For instance, there was a high level of desire to be guided through the process of entering one's billing or credit card info into an in-car payment app. Seven in 10 participants said that they'd want such a thing to happen when the car is being delivered and while they're still in the "new car" mindset.
But most don't want to do that at a dealership: 77 percent also said they would prefer to register for in-car payments at home, via the phone or a computer, with only 67 percent wanting to use the car's infotainment screen and just over half (53 percent) saying it would be OK to use the automaker's connected car app.
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