<ul><li>Slate Auto's $25,000 electric pickup truck offers a budget-friendly alternative to expensive new cars, with rising monthly payments and average costs.</li><li>Average monthly payments for new cars have increased to $739 in March from $537 in January 2019, with electric models averaging $59,200.</li><li>President Trump's 25% tariffs on imported cars and parts are driving consumers to buy before prices go up, affecting vehicles under $30,000, including popular models like Honda Civic and Toyota Corolla.</li><li>Slate Truck, set to launch in late 2026, aims to address the affordability issue, backed by venture capital firms and Jeff Bezos, with plans to produce 150,000 trucks annually in Indiana.</li></ul>

Is Slate Auto’s Electric Truck the Answer to Expensive Cars?

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