Ross Gerber backs Slate Auto's $25k electric pickup truck, predicting its popularity with customers due to its customizable features.

A new EV you can actually afford.

EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.

EV startup Slate revealed the price of its tiny truck. It's higher than initially signaled — but still very affordable for a new pickup.

The Jeff Bezos-backed startup finally revealed more pricing details for its debut EV, including a $29,950 starting price for the SUV variant, and boosted the base range to 205…

Slate, backed by Jeff Bezos, has revealed its base electric truck starting at $24,950, making it the most affordable pickup in America

The company also expects owners to perform many repairs themselves and will provide instructions for doing so.

Slate Auto set its EV pickup at $24,950 and opened preorders Wednesday, converting 180,000 reservations into $300 deposits ahead of Q4 deliveries.

What happened to that $20k price tag? In short, Trump happened.

Backed by Jeff Bezos, Slate's EV pickup sells for about half the cost of a typical new vehicle. But car experts say its unconventional design may be a hurdle.

The Bezos-backed EV startup says it has more than 180,000 "reservations" for its stripped-down, bare-bones pickup, with a starting price tag of $24,950.

Ross Gerber backs Slate Auto's $25k electric pickup truck, predicting its popularity with customers due to its customizable features.

The EV startup Slate, backed by Amazon founder Jeff Bezos, is launching its debut models: an electric pickup starting at $24,950, and an electric SUV from