The Jeff Bezos-backed Slate Truck initially aimed for a sub-$20,000 asking price with promises of 201 horsepower and 150 miles of range.
President Trump's elimination of the federal EV tax credit through the 'Big Beautiful Bill' jeopardizes this affordable price point for all new EVs, including Slate's Truck.
Slate has removed the sub-$20,000 pricing promise from its website, indicating uncertainty about maintaining the low cost post-tax credit removal.
Despite the tax credit changes, over 100,000 reservations have already been made for Slate's Truck, with deliveries expected to start in 2026.