QuantumScape Stock Plummets

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QuantumScape Stock

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The Motley Fool

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Technology

Where Will QuantumScape Stock Be in 3 Years?

Summary

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73% Informative

QuantumScape develops solid-state lithium-metal batteries that generate power from solid electrolytes instead of the liquid electrolytes used in lithium-ion batteries.

The company's QSE-5 batteries have an energy density of more than 800 Wh /L and can be charged from 10% to 80% in less than 15 minutes .

But investors shouldn't get ahead of themselves.

QuantumScape isn't one of the 10 best stocks for investors to buy now.

While its stock could triple by 2028 , it could also easily shed over two-thirds of its value -- and still be expensive -- if it can't commercialize its products.

Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 726,481 !.

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