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Slate Already Has an Insane Amount of Reservations for its Truck

  • Slate has received over 100,000 reservations for its affordable pickup truck, raising over $5 million in reservation fees.
  • Reservations for the truck cost $50 each and the pickup is expected to start at under $25,000 after federal incentives.
  • The company plans to produce up to 150,000 vehicles per year starting in 2027 at its factory in Indiana.
  • Despite high reservation numbers, previous examples from other companies like Cadillac and Fisker have shown that reservations don't always translate to actual sales.

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