Slate Auto drops “under $20,000” pricing after Trump administration ends federal EV tax credit
Slate Auto, the electric vehicle startup backed by Jeff Bezos, has stopped promoting that its upcoming pickup truck will start “under $20,000” following passage of President Trump’s tax cut bill. The bill, which is expected to be signed into law by Trump on July 4, will cause the federal EV tax credit to end in September — a $7,500 incentive that Slate had counted to help its all-electric pickup to clear that mark. When Slate came out of stealth mode in April, the startup heavily promoted that