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BUSINESS NEWS · GLOBAL ·

Slate Auto says $24,950 electric truck will be profitable; targets positive cash flow 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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EV startup Slate Auto announced its new $24,950 electric truck is projected to be profitable, with CEO Peter Faricy confirming every vehicle produced will achieve a positive gross margin. The company is ambitiously targeting positive cash flow by next year, signaling strong…

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