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BUSINESS NEWS · GLOBAL ·

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

As reported by Business News
EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
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Slate Auto, an EV startup, announced that each $24,950 electric pickup truck produced will be gross margin positive. CEO Peter Faricy stated the company aims to achieve cash-flow positivity next year, signaling strong financial prospects. This indicates a focus on profitability…

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