Finance

Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year

EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.

Capital Daily Newsroom

Editorial Desk

2026-06-24 · 2 min read

Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year

Published June 24, 2026 · Category: Finance

Overview

EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.

Source

Originally published at www.cnbc.com.

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Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year

Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year

Overview

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Slate Auto says each $24,950 electric pickup truck will be profitable as it aims to be cash-flow positive next year

Overview

Source

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