Reported 25 days ago
After a 20% spike following a positive business update, QuantumScape's stock tumbled nearly 14% this week as investors realized that the company's solid-state battery technology still has a long path to commercial viability. Despite progress in shipping prototypes and a partnership with Volkswagen's PowerCo for mass production, investors must remain patient as significant developments in production and commercialization are still years away.
Source: YAHOO