Is Slate Auto’s Electric Truck the Answer to Expensive Cars?

When Slate Auto, a start-up, unveiled a roughly $25,000 electric pickup truck last month, social media lit up with comments. Many people saw the no-frills vehicle, with an easy-to-repair body and nostalgic hand crank windows, as a refreshing antidote to today’s overstuffed and increasingly unaffordable cars.How unaffordable? Average monthly payments on new cars have soared to $739 in March from $537 in January…