QuantumScape: Buy, Sell, or Hold?
The company wants to push lithium-ion battery technology beyond its current limitations and has significant backing from Volkswagen to achieve this goal. Early results from rigorous endurance tests are promising, and recently, new battery prototypes have thrust QuantumScape back into the spotlight. With the stock trading 96% below its four-year peak and hovering near all-time lows, is it time to buy or sell QuantumScape?