Because ICE vehicles are a solved problem, and the used market is finite. If you want a small truck that's built to be a truck, you don't have options anymore. If the REO is as advertised (which is essentially a remake of the 2003-era Tacoma), I'll be able to do any job in the service manual myself with under $100 of tools.

EVs don't make sense for trucks, especially trucks that will do actual work. I love my Tesla, but I know what it's meant for, and work ain't it.