QuantumScape: Solid-State Battery Stock

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QuantumScape stock

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QuantumScape stock trades

The Motley Fool

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Technology

Where Will QuantumScape Stock Be in 10 Years?

Summary

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78% Informative

QuantumScape ( NYSE : QS ) is a developer of solid-state lithium metal batteries.

The company is also backed by Volkswagen (OTC: VWAPY) and hopes to disrupt the EV market with its QSE-5 batteries.

But the bears expect the company to be crushed by the competition before that happens.

The market could grow at a compound annual growth rate of 36.4% from 2024 to 2032 .

QuantumScape is still a speculative play that you should only buy with cash you can afford to lose.

Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 843,960 ! The Motley Fool has more than quadrupled the return of S&P 500 since 2002

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