Slate Auto prices its Bezos-backed EV pickup at $24,950 and opens preorders with 180,000 reservations


TL;DR

Slate Auto priced its EV pickup at $24,950, opened preorders Wednesday, and says every truck will be profitable from day one.

Slate Auto revealed Wednesday that its electric pickup truck will start at $24,950, making it the cheapest new truck available in the United States. The Bezos-backed startup simultaneously opened preorders, converting more than 180,000 existing reservations into $300 nonrefundable deposits. Deliveries are expected to begin in the fourth quarter of this year.

The price is higher than the “under $20,000” figure the company promoted when it emerged from stealth in April 2025. That original number included the $7,500 federal EV tax credit, which has since been eliminated along with more than a dozen EV models pulled from the US market. Without the credit, Slate raised the sticker price but kept the truck below the threshold where most buyers make purchase decisions.

The vehicle itself is deliberately stripped down. It comes with crank windows, no built-in connectivity or modem, and speakers are optional. The two-seat pickup uses injection-molded composite body panels wrapped in vinyl instead of paint, with more than 100 standard wrap colours available for under $500 each.

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Buyers can convert the two-seat pickup into a five-passenger SUV for an additional $5,000, bringing the SUV configuration to $29,950. Slate expects the SUV version to account for roughly 60 percent of sales. The company offers more than 175 accessories, with over 80 percent priced below $500.

Under the hood, the truck delivers 181 horsepower and 195 pound-feet of torque through an exclusively rear-wheel-drive powertrain. Range is rated at 205 miles, with a towing capacity of 2,000 pounds and 1,550 pounds of payload. Both figures are modest but adequate for the light-duty work the truck is designed to handle.

CEO Peter Faricy, a former Amazon Marketplace vice president who took over from founding CEO Christine Barman in March, told CNBC that every vehicle will be gross margin positive from day one. He also projected positive free cash flow and EBITDA by 2027, with break-even at roughly 80,000 vehicles per year. Those are ambitious claims for a company that has not yet delivered a single vehicle to a paying customer.

Slate is currently building about three trucks per day by hand at its Warsaw, Indiana factory, a former printing plant that represents a roughly $400 million investment. The company says it will shift to normal production processes by August and is targeting capacity of 150,000 vehicles per year at the facility, which is expected to create more than 2,000 jobs.

The startup has raised roughly one and a half billion dollars across three funding rounds, including a $650 million Series C in April led by TWG Global, the investment firm run by Los Angeles Dodgers owner Mark Walter and Thomas Tull. Other backers include General Catalyst, Slauson and Co, and former Amazon executive Diego Piacentini. Jeff Bezos’s family office has invested, though his board representative departed in May.

Slate still needs federal vehicle validation and certification before it can legally deliver trucks to customers, and the company has not disclosed where it stands in that process. The gap represents a meaningful risk to the Q4 delivery timeline. Faricy told CNBC an IPO is possible but acknowledged that 2027 is probably too soon.

The competitive context is harsh. Rivian laid off hundreds of workers last week after losing more than three and a half billion dollars in 2025 on just 42,247 deliveries, and Lucid has cut 18 percent of its workforce twice in four months. Profitability claims from a pre-production company will be met with earned scepticism given how many EV startups have failed after raising billions.

The two-door-only body style is another risk. When Ford offered the Bronco in both two-door and four-door configurations, just 10 percent of buyers chose two doors. Slate is betting that the low price and SUV conversion option will overcome the format limitation, but the conversion requires buyer effort that a factory-built four-door would not.

Slate’s model is the anti-thesis of every EV startup that failed by building expensive vehicles for a premium market that did not materialise. The truck is cheap, simple, domestic, and sold direct to consumers with no dealership network. Whether the economics actually work, at a price point where margins are thin and certification delays could burn through cash, is the question that 180,000 deposit holders are now paying $300 each to find out.



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Ghost CMS flaw abused to push ClickFix attacks on hundreds of sites

Pierluigi Paganini
May 25, 2026

Threat actors are actively exploiting a security flaw, tracked as CVE-2026-26980, in Ghost CMS that was fixed months ago in real attacks against unpatched websites. According to Qianxin, the campaign has already affected more than 700 sites, including well-known organizations and universities.

The vulnerability is an SQL injection issue in Ghost’s Content API that can let an attacker read data from the database without logging in. In the worst case, this can expose the Admin API key, which can allow attackers to take over the site.

That key matters because it can be used to change published content. In this campaign, attackers used it to edit articles on compromised Ghost sites and insert malicious JavaScript at the end of pages. The goal was not just defacement, but to turn trusted websites into launch points for further malware delivery.

“After an in-depth investigation and analysis, we determined that this was not a targeted intrusion against the customer, but rather a large-scale poisoning campaign by an in-the-wild attack group targeting Ghost CMS. Although CVE-2026-26980 was publicly disclosed as early as February 19, a large number of users did not patch and upgrade in time, providing an opportunity for attackers.” reads the advisory published by Qianxin. “At least two groups are currently actively conducting such poisoning operations, and some sites have even become the target of competition between the two parties, with different malicious code being implanted one after another within a single day.”

The inserted code led visitors through a two-step chain. First, the page loaded a remote script that checked the browser and decided what the visitor should see. Then real victims were redirected to a fake verification page that looked like a normal “I’m human” check.

This is where the ClickFix part began. The page told users to press Windows+R, paste a command, and hit Enter. In practice, that command downloaded and started a malware payload on the victim’s machine. It was a classic social engineering trick: make the user do the dangerous part themselves.

Qianxin says the first signs of this activity appeared in early May. The malicious code found in the campaign had a compilation date of February 16, the same day Ghost announced the fix for CVE-2026-26980. That suggests the attackers moved quickly once they saw how many sites had not been updated.

The affected websites cover a wide range of sectors. Roughly half are personal blogs or independent sites, but the list also includes technology blogs, AI sites, media outlets, crypto projects, and educational institutions. Qianxin researchers say victims include sites linked to Harvard, Oxford, and DuckDuckGo.

The attack chain was also designed to be flexible. The loaders could fetch different payloads depending on the target, and the operators changed infrastructure several times.

“entire attack process has obvious five-stage characteristics of “CMS Takeover → Page Poisoning → Two-stage Loading → Social Engineering Lure (FakeCaptcha/ClickFix) → Malware Delivery”, and the entire process is highly automated: bulk vulnerability scanning → automatic key extraction → bulk injection → dynamic C2 distribution.” states the report.

In some cases, they switched domains after detection, keeping the campaign alive even when part of the chain was blocked.

“Through feature scanning of publicly accessible pages, we have cumulatively identified more than 700 poisoned victim domains, and have proactively contacted the sites for which contact information could be obtained, notifying them of the poisoning.” continues the report.

Qianxin also believes at least two different groups are involved. In some cases, the same site was hit more than once, with one attacker replacing the code left by another. That makes the campaign harder to clean up and shows how attractive compromised Ghost sites have become for abuse.

For site owners, the advice is straightforward. Ghost should be updated immediately, all credentials should be rotated, and site logs should be reviewed for suspicious admin API activity. Any injected scripts should be removed from the database itself, not just from the visual editor. Visitors who may have reached a poisoned site should also be warned.

The report includes Indicators of Compromise (IoCs) for the attacks observed by the researchers.

Follow me on Twitter: @securityaffairs and Facebook and Mastodon

Pierluigi Paganini

(SecurityAffairs – hacking, Ghost CMS)







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