AMAZON'S $20K TRUCK FAILED BEFORE LAUNCHING

EV Channels Review

This video presents a scathing critique of Slate Auto's proposed $20,000 electric truck, arguing that the ambitious price point is fundamentally unachievable and the company's business model is destined for failure. The reviewer meticulously dissects the financial and technical claims, highlighting several critical flaws. Key issues include unrealistic manufacturing cost projections, the inadequacy of retrofitting an old printing facility, and the insufficient capital raised compared to industry standards. The analysis points out that claimed savings from omitting features like a paint shop or power windows are negligible compared to the actual costs. Furthermore, the reviewer challenges the truck's proposed 150-mile range, citing thermodynamic impossibilities due to its brick-like shape and weight, projecting a real-world range closer to 40 miles under adverse conditions. The direct-to-consumer service model is deemed a "fantasy," predicting significant challenges with repairs and parts availability, especially for the target budget-conscious market. The video concludes that Slate Auto's financial projections are unsustainable, comparing its trajectory to previous failed EV startups and emphasizing that established automakers are already struggling to profit from affordable EVs. The reviewer's verdict is that the truck is unlikely to ever launch at the promised price, if at all, and will be obsolete by the time it reaches the market due to competition from used and next-generation vehicles from established manufacturers.