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.
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¦