QuantumScape Stock: Buy, Sell, or Hold?

04.12.24 12:53 Uhr

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You may have heard of QuantumScape (NYSE: QS). It's a California-based start-up working to develop and commercialize an electric vehicle (EV) battery that would be a significant step forward in safety and performance from existing alternatives.Researchers have been tinkering with "solid state" battery technology since the 1960s, but it has proven very difficult to make a solid state battery that will last more than a few cycles. QuantumScape may have solved the puzzle with an innovative ceramic "separator" that -- in theory and so far in testing -- ensures long battery life.The company went public with great fanfare in late 2020, but the stock is down over 95% from its early peak and has fallen about 27% in 2024. Looking at it today, is QuantumScape stock a buy, hold, or sell?Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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