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Ross Gerber backs Slate Auto’s low-cost electric pickup, drawing a comparison to an EV built by “top Tesla and Amazon” executives
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 26, 8:03 AM EDT

Ross Gerber backs Slate Auto’s low-cost electric pickup, drawing a comparison to an EV built by “top Tesla and Amazon” executives

The investor said he expects demand for Slate Auto’s roughly $25,000 electric pickup to surprise skeptics, framing the project as an outcome of how seasoned executives from major tech and automotive-adjacent worlds might approach an EV.

Investor Ross Gerber, co-founder of Gerber Kawasaki, publicly endorsed Slate Auto’s planned low-priced electric pickup and offered a pointed analogy for why he thinks the vehicle could land with consumers. In comments carried by Yahoo Finance, Gerber said the truck is “what happens” when “top Tesla and Amazon” executives build an EV, adding that buyers will “love” it.

Slate Auto is aiming for a significantly lower price point than most mainstream electric pickups, with Gerber referencing a target price of about $25,000. The investor’s argument, as presented in the report, hinges on the idea that disciplined execution and product thinking from high-performance technology companies could reshape consumer expectations for what an electric truck should cost and how it should be experienced.

Gerber’s remarks also reflect a broader market debate about the next phase of EV adoption. After years in which most new electric vehicles have been priced well above mass-market benchmarks, companies have been pushed to demonstrate that cost reductions and manufacturing efficiency can translate into credible, appealing products rather than stripped-down alternatives.

While Gerber’s endorsement drew attention to the vehicle’s price and the “love” factor he expects from customers, the Yahoo Finance post did not, in the material available here, provide additional specifics on Slate Auto’s engineering approach, production timeline, reservation demand, or manufacturing plans. It also did not lay out how the company intends to support customers, including financing, charging access, warranties, or service coverage.

The comparison to Amazon executives is notable because Amazon has spent years building logistics and fulfillment systems around speed, reliability, and scale. Those capabilities are often cited as key advantages that technology and operations leaders can bring to hardware businesses, especially when the business depends on ramping supply efficiently and reducing per-unit costs. (Amazon is also active in publishing and technology initiatives, but this report focused narrowly on Gerber’s analogy rather than any confirmed Amazon involvement in Slate Auto.)

In corporate context, Amazon’s public newsroom is dominated by operational updates across retail, cloud, devices, and media. However, the Yahoo Finance report summarized here treated the “top Tesla and Amazon” line as a characterization of talent and mindset rather than as documentation of any corporate relationship between Amazon and Slate Auto.

Still, there are limits to what can be concluded from the available information. The excerpted reporting does not include a full quote from Gerber, nor does it include Slate Auto’s own detailed disclosures on pricing components, battery sourcing, vehicle range targets, or performance metrics. It also does not provide evidence such as preorder figures or production commitments that would allow an outside observer to validate the “love” prediction beyond sentiment.

What to watch next is whether Slate Auto follows through with concrete milestones that typically matter to buyers considering an EV pickup, including confirmed pricing at launch, delivery windows, and transparent specs that allow consumers to compare it with competitors. For investors and the broader EV market, the key question will be whether a low-cost strategy can be executed without eroding margins or customer satisfaction.

Why It Matters

  • Low-cost EVs remain central to whether EV adoption can expand beyond early adopters, especially in higher-cost segments like pickups.
  • Gerber’s endorsement highlights market interest in whether product and execution discipline can make electric trucks feel consumer-valuable at mass-market prices.
  • The analogy to Tesla and Amazon suggests investors are looking for operational and manufacturing approaches, not only battery and charging improvements.
  • Without specific vehicle or rollout details in the reported excerpt, skepticism will likely persist until Slate Auto publishes specs, timelines, and order or delivery data.

Sources

Key Facts

  • Investor Ross Gerber backed Slate Auto’s planned electric pickup in public comments reported by Yahoo Finance.
  • Gerber described the vehicle as an outcome of executives from Tesla and Amazon building an EV, and said buyers will “love” it.
  • The report referenced a target price of roughly $25,000 for the pickup.
  • The Yahoo Finance material provided here did not include detailed technical or production information about the vehicle.

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Sep 1, 12:07 AM EDT
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Apple CEO transition hands AI test to John Ternus as AAPL slips

John Ternus takes over as Apple’s chief executive role as Phil Schiller steps back, with market attention focused on how leadership changes could affect ongoing work on artificial intelligence initiatives. Apple shares slid in early trading following the transition reports.

Apple CEO transition hands AI test to John Ternus as AAPL slips
The Apex Times
Ross Gerber backs Slate Auto’s low-cost electric pickup, drawing a comparison to an EV built by “top Tesla and Amazon” executives | The Apex Times