Three Months Before Price Announcement. Guess the MSRP.

What do you think the [I]base[/I] (52.7 kWh) Slate will sell for?

  • less than $23k

  • $23,000 - $23,999.99

  • $24,000 - $24,999.99

  • $25,000 - $25,999.99

  • $26,000 - $26,999.99

  • $27k or over


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danielt1263

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Sorry, I meant Three months before the Announcement.

You have one month to log your guess. Winners get bragging rights, losers get "I told you so"s.
 
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danielt1263

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I've said this in other threads, I'm shooting for $24k for the base and $27k for the extended battery.

But be realistic, what do you really think?
 

ScooterAsheville

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OP, can you specify in the question whether you are asking before or after any delivery and other fees? Because those can add as much as $3,000 to the MSRP.
 
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danielt1263

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OP, can you specify in the question whether you are asking before or after any delivery and other fees? Because those can add as much as $3,000 to the MSRP.
The "official price" that they are going to announce at the end of June. Presumably before delivery and other fees.

Personally, I'm expecting $1-2k for those, and sales tax in my state will be about $1500
 

ScooterAsheville

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I think the more interesting question is: At what price does Slate make a profit on the truck? Because many startups will launch at a subsidized price to get scale. They actually lose money trying to gain momentum. Example: Rivian, Lucid, Tesla.

All OEMs lose money early in a product launch, as it takes years to amortize development. My question isn't so much what Slate will charge you and me. My question is whether or not Slate will charge us enough to ensure Slate still exists when our trucks inevitably break and we need support.
 

ScooterAsheville

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Maybe edit the question to add "MSRP, exclusive of delivery and other mandatory fees"? I was curious, so I Googled delivery charges. Stellantis has the lowest at $995. Most OEMs are between $1,000 and $1,500. Many OEMs have "acquisition" or other mandatory fees. The devil is always in the details.

Maverick guys still love to brag about paying $20,000 for their Mavs. They always conveniently leave out the $1,500 they paid for "delivery". It hurts their precious narrative.
 

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OP, just to be clear - I have no clue what the Slate will cost. Not the slightest idea. But if I were pushed, I'd answer "what they said". And they said mid twenties. Which is a deliberately vague statement.

I'm just curious what the ancillary charges are, because MSRP is a deception that works on the financially illiterate. The price of a Slate is the check you write to get it in your driveway.
 
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danielt1263

danielt1263

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I think the more interesting question is: At what price does Slate make a profit on the truck? Because many startups will launch at a subsidized price to get scale. They actually lose money trying to gain momentum. Example: Rivian, Lucid, Tesla.
Chris Barman has been quoted saying that they would not do that. She said the truck will be sold at a profit from day one (might just be a $1 profit, but that's still a profit).
I grant that Barman is no longer CEO, but nobody has contradicted that statement so far.
 

GaRailroader

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I think they are going to surprise everyone coming in lower than the midpoint of the 20s but the extended range battery is going to more than we expected. In 2022 I bought a new Leaf and got the small battery pack at 40 kWh. To upgrade to the 62 kWh pack was a $7k add. I don't think the delta will be that high but more than the $3k people are expecting. I am in the @23k-23999 camp for base MSRP. I do think that Slate will shun some of the junk fees that other OEMs are tacking on.
 
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danielt1263

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All OEMs lose money early in a product launch, as it takes years to amortize development. My question isn't so much what Slate will charge you and me. My question is whether or not Slate will charge us enough to ensure Slate still exists when our trucks inevitably break and we need support.
When Barman said they would not sell the Slate at a loss, and you asked "At what price does Slate make a profit on the truck?", I assumed marginal price was being discussed. As in, if the truck is being sold for above its marginal price, that would be "a profit".

As for charging enough to ensure the company still exists in the future, you'd have to take into account profit on all goods sold including accessories, license fees, and whatever percentage they take from third-party products sold on the Slate store. Also, one would have to take into account the losses incurred from developing Slate University and maintaining the Slate App. I don't think even their accountant can know that number.
 
 
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