Another billionaire has entered the electric vehicle market. Jeff Bezos is funding a startup called Slate Auto, which plans to launch a “radically affordable” EV pickup truck — priced at around $25,000 — as early as next year, according to TechCrunch.
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The company will offer just one model — a compact, two-door electric truck. But with its low price and modular design, Slate could appeal to budget-conscious drivers looking for a no-frills alternative to high-end EVs.
So how does Bezos’ truck compare to Elon Musk’s Tesla Cybertruck?
Price Comparison: Slate vs. Cybertruck
According to the Slate Auto website, its signature truck is expected to be priced around $25,000.
The Tesla Cybertruck, on the other hand, starts at $72,490 for the all-wheel drive model and $114,990 for the Cyberbeast model.
That’s a difference of nearly $50,000 to $90,000, depending on the Cybertruck model, making the Slate the far more affordable choice.
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Features and Range: Minimalism vs. Luxury
While the Cybertruck is packed with futuristic high-end features, Slate takes a minimalist approach to keep costs low.
Slate EV Truck
- Range: 150 miles (standard), up to 240 miles with extended battery
- Customization: Can be converted into a five-seat SUV, open-air vehicle or cargo truck
- Interior: No infotainment system, no Bluetooth
- Add-ons: Power window, heated seats, color wraps and more are available for extra cost
Tesla Cybertruck
- Range: 320 to 325 miles, depending on model
- Interior: Dual touchscreens, ambient lighting, 15 premium speakers
- Tech: Advanced autopilot features
Who Is the Slate Truck For?
With its ultra-low price and basic build, Slate is targeting a niche audience — those who care about function over flair and affordability over luxury.
“There’s nothing wrong with trying to crack the affordability crisis, but I don’t see this as a massive volume seller,” Erin Keating, executive analyst at Cox Automotive, told The New York Times. “Ultimately, this is an extremely small EV with almost nothing in it, in a market with a growing number of affordable choices with much longer range.”
There likely won’t be much overlap between customers who would buy a Slate and those who would buy a Cybertruck. However, for buyers who want an EV truck without the luxury price tag, the Bezos-backed Slate could be a game-changer
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This article originally appeared on GOBankingRates.com: Jeff Bezos’ $25K EV Truck vs. Tesla Cybertruck: Which Is the Better Buy?
