At $20k it is actually comparable in cost to a GEM el Xd pickup [1] which can only go up to 35 mph, has 78 mile range, and costs $18k [2]. Totally different class of vehicle, of course.
I do wish we'd all just call this a $27.5K USD truck. If it ends up allowing some people to get a tax credit, awesome. But that's not the price they are targeting for selling this truck. And that tax credit is far from a guarantee come late 2026 / early 2027.
(That's before any "later adjustments" to the price, not to mention the effects of uncertain tariff policy.)
[1] https://www.gemcar.com/gem-el-xd/
[2] https://electriccarsalesandservice.com/products/2024-gem-el-...