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Is It Time to Give Up on QuantumScape Stock?

TheMotleyFool

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Is It Time to Give Up on QuantumScape Stock?: https://g.foolcdn.com/editorial/images/788586/qs_prototype.png

QuantumScape's (NYSE: QS) solid-state battery technology could relieve a slew of problems or hindrances for electric vehicles (EVs), among other industries. Solid-state EV batteries would lower costs, increase range, and improve safety -- three critical components of whether consumers decide to buy an EV.

But the shine has worn off QuantumScape, with the stock 72% lower over the past three years, and even more if you judge from its all-time high. Without meaningful sales until at least next year, some investors have walked away, but is it really time to give up on QuantumScape?

Let's briefly cover some reasons investors may have walked away over the past couple of years.

Source Fool.com

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