Business

Slate Auto's Electric Pickup Truck Strategy

Updated 2026-06-24 12:10 UTC 1 source Neutral

EV startup Slate Auto aims to achieve profitability with its new electric pickup truck. CEO Peter Faricy claims each vehicle will be gross margin positive, setting the company on a path to cash-flow positivity next year.

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CNBC
EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
2026-06-24 12:00 UTC
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