Solid power inc news

What is solid power?

Solid Power is developing solid-state battery technology to enable the next generation of batteries for the fast-growing EV and other markets.

Will solid power achieve its expectations?

Solid Power gives no assurance that it will achieve its expectations. Solid Power, Inc. (Nasdaq: SLDP), a leading developer of solid-state battery technology, today announced its operational and financial results for the full year 2024 and provided its outlook and objectives for 2025.

Is solid power a good company?

In addition to its strides in manufacturing technology, Solid Power has demonstrated commendable financial management. The company reported a growth in its Tangible Leverage Ratio to 0. 08 in Q2 2024, an improvement attributed to a notable decrease in liabilities by 2.57%.

Is solid power a good stock to buy today?

Solid Power is still in the developmental phase and has not commercialized its product yet. Consequently, the stock's sell-off today is not based on anything material to the company. For those interested in powering their portfolios with Solid Power, today's sell-off provides a great opportunity.

Who are solid power's investors?

The company's investors include automakers Ford Motor Company (F -0.22%) and BMW (BMW -1.60%). It also has a manufacturing partnership with Korean battery maker SK Innovation, which supplies several major automakers, including Ford, with EV batteries. Solid Power itself didn't make news on Thursday.

Is solid power (SLDP) a good stock to buy?

Solid Power (SLDP -2.21%) was hardly looking like a powerful stock on Monday. The solid-state battery developer's price fell by nearly 10% on news of a departure from the company's C-suite. That decline stood in marked contrast to the performance of the S&P 500 index, which crept 0.1% higher on the day.