Get the latest tech news
Slate Auto drops ‘under $20,000’ pricing after Trump administration ends federal EV tax credit
Slate Auto has updated its website after Congress passed President Trump's tax cut bill, which will eliminate the 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. He previously worked at The Verge, where he also covered consumer technology, hosted many short- and long-form videos, performed product and editorial photography, and once nearly passed out in a Red Bull Air Race plane.
Or read this on TechCrunch
