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Slate Auto Has Now Received More Than 100,000 Reservations

  • Slate Auto has received over 100,000 refundable reservations for its affordable EVs priced under $20,000 after tax credits.
  • The company reached the 100,000 mark last weekend, with buyers showing significant interest in its vehicles.
  • While the response is impressive, history shows that early interest from buyers does not guarantee long-term success, citing examples like Fisker and Lordstown Motors.
  • Despite concerns about Slate Auto's sustainability, its EVs are considered promising, although the final cost may exceed the initial base price once fully equipped.

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