Delivery Risk: Medium - Early reservation phase

Prototype Status: Concept phase

Funding: Private funding - undisclosed

⚠️ Timeline Alert: SLATE is in early reservation phase with $50 deposits being accepted

Key Specifications

Price

Starting under $50,000

Reservation

$50

Modular Design

Truck/SUV convertible

Made In

USA

Perfect For / Not Great For

Ideal Use Cases

Personal Use

★★★★★ Modular design adapts to your needs

Weekend Adventures

★★★★☆ Convertible design for different activities

Light Work

★★★★☆ Practical truck bed when needed

Not Recommended For

Heavy Towing

★★☆☆☆ Towing capacity not yet disclosed

Commercial Fleets

★★★☆☆ More focused on personal use

Company Health & Production Status

Production Progress: Early reservation phase with modular design concept

Overall Progress: 30% - Early reservation phase

Metric	Status	Risk Level
Development Status	⏳ Concept	🟡 Medium
Manufacturing	✅ USA Planned	🟡 Medium
Funding Status	❓ Private	🟡 Medium
Regulatory Approval	⏳ Not Started	🟡 Medium

Pricing Breakdown

Trim	Price
Base Model	Under $50,000

Note: Final pricing and options to be announced

The Reality Check

What's Going Right:

Innovative modular design
Affordable price target
Made in USA
Highly customizable
Simple reservation process

Red Flags:

Early concept phase
No production timeline
Untested company
Modular design complexity

Timeline & Milestones

2024-03

Reservations Open
Company begins accepting $50 refundable deposits

2024-02

Vehicle Announcement
SLATE concept revealed with modular truck/SUV design

🔮 Bottom Line

The SLATE represents an innovative approach to electric vehicles with its modular design that can transform between truck and SUV configurations. The company's focus on affordability and personalization is refreshing in a market where prices continue to rise.

The $50 refundable deposit makes it easy for interested buyers to secure a spot, and the promised sub-$50,000 price point would make it one of the more affordable options in the electric truck space. However, the modular design adds complexity to the development process.

Our Recommendation: If you're interested in a versatile electric vehicle that can adapt to different needs, the $50 reservation is low-risk. However, with the company in early stages and no production timeline, it's best to view this as a long-term investment rather than an immediate solution.