
100,000 drivers place risky $50 bets on the Slate EV truck

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You can reserve a Slate EV truck for $50, and many drivers have jumped on this opportunity. In about a week, over 100,000 reservations have already been placed. This shows confidence in the cheap electric truck, but I’m not ready to drink the Kool-Aid.
100,000 drivers submit reservations for the Slate EV truck
I’ll admit that the Slate EV truck looks great and the concept of a $20,000 truck is cool. However, I’ll be sticking with my 1991 Ford Ranger with 38k miles on it for now.
It has a few advantages over the tiny Slate truck such as it comes with a radio and I don’t have to install a Level 2 charging station at home.
While the new cheap EV truck does have a few bells and whistles like a phone and tablet holder, does it skirt the basics a little too much? Those who opt for this cheap truck over more expensive options are probably younger.
No offense to youths, but they’re pretty addicted to modern tech like power locks and reverse cameras. Plus, are we suddenly no longer bothered by range anxiety?
Suddenly an estimated range of only 150 miles is fine? How is the charging infrastructure where you live? In Asheville, NC, it’s difficult to find charging stations that are consistently working.
There are tons of upgrades you can pay for. For example, there is an SUV kit, a larger battery, and wraps. But how much do those cost?
According to Slate, the truck starts at $20,000. But there is a catch! That’s after the EV tax credit of $7,500. What happens if that gets repealed?
The Ford Maverick was promised at $19,995 but now crests $30,000. Then the Tesla Cybertruck was supposed to start at $40,000 but starts at $69,990. Prices could rise before the truck arrives in late 2026, if it manages to stay on schedule.