It launches as a four-door crew cab, offering a more conventional truck layout.
The base version is rear-wheel drive with an LFP battery of undisclosed capacity.
A larger battery and an all-wheel-drive model will arrive later, though Ford hasn't specified when.
Ford targets a 0-60 mph time of 4.5 seconds, making it significantly quicker than the Slate's roughly eight-second run.
The Fathom is expected to feel more like a modern vehicle, with more passenger room than a Toyota RAV4, a touchscreen, Apple CarPlay and Android Auto, navigation, power windows, and an audio system.
However, key details like range, payload, towing, and the exact contents of the $28,350 base model remain unknown.
It could be a bargain, or it could quickly climb past $30,000 with options.
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So, the decision is yours: Slate or Ford, and why?