Since Slate Auto came out of stealth mode last week, the internet has been abuzz with speculation about the finer details of the ultra-barebones electric Truck, which is set to cost just $20,000 when it enters production next year — assuming our federal EV incentives are still in place by then.

With a target price under $20,000 (after incentives) the Slate Truck is bare bones transportation that could serve a huge segment of the auto market.