The price of lithium batteries is dropping as demand for electric vehicles continues to fall. The price of the commodity is down more than 30 percent in 2023, ending a two-year rally that pushed the price of the key battery material to new heights. In addition, prices for other metals that go into batteries, such as cobalt and nickel, are also sliding. The reversal comes as electric auto makers such as Tesla and Ford cut vehicle prices to attract more customers.
Seth Goldstein, Senior Equity Analyst at Morningstar, examines Tesla’s new Roadster, SpaceX merger speculation and the race to make robotaxis profitable.
Antoine Marcel, founder and CEO of Flourish Robots, discusses how its AI-powered robot could transform household chores and bring home robotics to the masses.
Chris Stafford, haunted house expert and CEO of Thirteenth Floor Entertainment, reveals the business behind Halloween’s biggest scares and immersive attractions
Efraim Grinberg, Chairman and CEO of Movado Group, discusses keeping iconic watch brands relevant, expanding its portfolio and reaching a new generation.
The Securities & Exchange Commission wants to end the requirement that U.S. public companies file quarterly reports and move to semiannual reporting. Why?