Dimming Prospects: The Case for Selling High-Voltage QS Stock
BMW(BMWYY) InvestorPlace·2024-01-10 17:19
The shares of battery maker QuantumScape (NYSE:QS) rocketed higher earlier this month on news that its solid-state battery can be charged over 1,000 times without degrading. Unfortunately for the long-term outlook of QS stock, this characteristic, while certainly positive, does not address the main “pain points” facing drivers and automakers. Moreover, QS has at least two competitors that appear to be chronologically ahead of it and may have superior products, and the firm will not be profitable for many ye ...