{"id":1665,"date":"2026-06-24T13:07:18","date_gmt":"2026-06-24T13:07:18","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=1665"},"modified":"2026-06-24T13:07:18","modified_gmt":"2026-06-24T13:07:18","slug":"jeff-bezos-backed-slate-unveils-launch-price-for-the-most-affordable-truck-in-america","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=1665","title":{"rendered":"Jeff Bezos-backed Slate unveils launch price for the &#8216;most affordable truck in America&#8217;"},"content":{"rendered":"<section>\n<p>Slate has finally put a price on its tiny electric truck.<\/p>\n<p>The startup&#8217;s base two-seat pickup will start at $24,950, excluding taxes and fees. The two-door SUV versions with a second row of seats will start at $29,950.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=1663\">The hidden cost of AI coding: workplace paralysis<\/a><\/p>\n<p>Slate says that makes its pickup the &#8220;most affordable truck in America.&#8221; The first deliveries will hit customer driveways by the end of 2026, the company said.<\/p>\n<p>The startup \u2014 which received early funding from big-name backers like Amazon founder Jeff Bezos and Guggenheim Partners CEO Mark Walter \u2014 is trying to squeeze into one of the strangest gaps in the US auto market: low-cost, low-tech cars.<\/p>\n<p>To keep prices down, Slate is taking a sharp turn away from the modern truck arms race. Its base model has manual crank windows, tactile controls, no touchscreen, and no stereo system.<\/p>\n<p>It is also betting that it can become the automotive equivalent of Build-A-Bear. Slate wants owners to start with a bare-bones truck and add what they want later, choosing from more than 200 accessories. Buyers can add a second row of seats, a stereo, seat covers, roof racks, light covers, key-fob clips, and wraps in more than 100 colors.<\/p>\n<p>&#8220;Slate gives customers the freedom to buy only what they need today and personalize their vehicle as their needs change tomorrow,&#8221; Peter Faricy, Slate&#8217;s recently installed CEO, said in an email.<\/p>\n<p>The truck is tiny by American standards. Slate says the pickup is 174.6 inches long, or about 14.5 feet. That puts it closer in length to a Toyota Camry than a Ford F-150.<\/p>\n<p>Its specs are modest, too, with an estimated 205 miles of range, a 1,550-pound payload capacity, and a towing capacity of up to 2,000 pounds.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=1659\">This World Cup will be the biggest gambling event of all time. Here\u2019s how to bet \u2018responsibly.\u2019<\/a><\/p>\n<p>Slate says more than 180,000 people have placed $50 reservations, though EV reservations have proved to be a shaky measure of real demand. (Just look at the Ford F-150 Lightning, which collected around 200,000 reservations before it hit American roads. The EV pickup lasted just four model years before it was discontinued.)<\/p>\n<h2>Demand drop, more competitors<\/h2>\n<p>For Slate, its launch timing could be tricky. The company first unveiled its product in April 2025, when Washington still offered the $7,500 federal tax credit for shoppers who opted for American-made EVs. The company initially said its pricing would start under $20,000, with incentives.<\/p>\n<p>Those tax credits ended in September, and EV sales have slumped since.<\/p>\n<p>Slate is also entering a more crowded EV market. It is launching in the same year that several automakers are unveiling models that are cheaper than their first EVs \u2014 including Rivian&#8217;s R2, Toyota&#8217;s C-HR, and Lucid&#8217;s Gravity-based Cosmos.<\/p>\n<p>Still, in recent years, very few Americans have experienced that new-car smell for under $25,000.<\/p>\n<p>Edmunds says just 4.7% of new vehicles sold in 2025 were priced lower. Whether that is because shoppers have reset their expectations or because automakers largely stopped serving that segment is anybody&#8217;s guess, analysts say.<\/p>\n<p>&#8220;Our data show the market quietly walked away from that price years ago, so this is a real test of how much affordability still matters to today&#8217;s buyers,&#8221; Ivan Drury, Edmunds&#8217; director of insights, said.<\/p>\n<p>Read more <a href=\"https:\/\/americanhomejournals.com\/?p=1657\">A millennial who\u2019s tried more than 30 side hustles shares the most lucrative, the biggest flop, and the easiest way to get started<\/a><\/p>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>EV startup Slate revealed the price of its tiny truck. 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