Welcome to today's episode, where we explore Slate Auto, a new electric vehicle startup backed by Jeff Bezos and Eric Schmidt. Their innovative Slate Truck is set to revolutionize the market with a starting price of just $20,000, thanks to federal tax credits. CEO Chris Barman explains, "Our passion is this mission to bring an affordable vehicle to the market for the many people who felt that they didn’t have an alternative."

Slate Auto is unique in that it allows customers to fully customize their vehicles, transforming a basic two-door pickup into a five-seat SUV. With over 100 accessories available, from cup holders to power windows, buyers get to choose what they want. Barman emphasizes this approach: "We want to put the power back into the hands of the consumer."

The Slate Truck features composite panels instead of traditional sheet metal, allowing for easier customization and lower manufacturing costs. Customers can expect average monthly payments between $300 and $400—much lower than the current average car payments that exceed $800.

With plans to open a factory in the Midwest and deliver vehicles by late 2026, Slate aims to "rekindle American industry." As we look forward to this exciting development in the automotive world, remember, for many, this could be the affordable EV option they've been waiting for.
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