New Battery Crushes Tesla's Tech

2023年11月29日

"New Battery Crushes Tesla's Tech" is the heading I read on Yahoo Finance this morning.

- finance.yahoo.com/news/battery-crushes-teslas-tech-unveils-160816090.html

The article is originally from Benzinga and talks about how QuantumScape has a solid state battery that is significantly better than Teslas.

What caught my interest with this one though is how far the stock has fallen from its bubbly launch highs as well as having Volkswagen mentioned in the article as an investor.

This is SUPER speculative but my dumb way of looking at it is that it wouldn't take much of a move to get a reasonable gain in its overall share price. The price can of course always go lower, but thought it might be worth having a look at to see how it fares in the future.

Definitely not trading advice by any means, but might be one to keep an eye on.

2023年11月29日

ノート

From Bard

Yes, Volkswagen is an investor in QuantumScape. As of Q3 2023, Volkswagen was QuantumScape's largest shareholder with a 19.87% stake in the company. Volkswagen has invested a total of $300 million in QuantumScape to date. The company's investment is a vote of confidence in QuantumScape's solid-state battery technology, and it could help QuantumScape to commercialize its technology more quickly.

2023年12月1日

ノート

Pretty quick 18%

2023年12月4日

ノート

Market seems to like it.

2月15日

ノート

Ran 75% all the way up to the $10 mark before pulling back again. Still up 40% which is still a LONG way down from its all time post listing high of $130.