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Slate Prices Electric Truck at $24,950 as Accessories Can Push Costs Above $40,000

The shift means only a small, income‑qualified slice of buyers can still reach under‑$20,000 through state rebates while Slate must convert a large reservation backlog into paid preorders and deliveries.

Overview

  • Slate announced a base MSRP of $24,950 for its two‑seat electric truck and $29,950 for the convertible SUV and opened preorders with a deposit requirement.
  • The company published a wide accessories catalog that lets buyers add modular kits and parts that can quickly raise a build into the $30,000s or higher, with one documented configuration totaling $41,283.66.
  • The original under‑$20,000 marketing relied on a now‑eliminated $7,500 federal tax credit, so only a handful of states with generous, income‑qualified rebates can still deliver sub‑$20,000 outcomes for some buyers.
  • Slate’s direct‑to‑consumer sales model risks disqualifying buyers from certain state rebates that require purchases through licensed in‑state dealers, and many state programs have capped or paused funding.
  • The company recently closed funding to support production but must prove it can turn more than 100,000 reservations into paid orders, scale manufacturing, and deliver first vehicles on schedule by late 2026.