👉 QuantumScape's stock price has plummeted from over $130 to under $4
👉 The company is still developing its technology and has yet to generate revenue
👉 QuantumScape has a healthy cash position, but its valuation is already high
👉 The company is developing solid-state lithium-metal battery technology for electric vehicles and other applications
👉 QuantumScape has partnerships with the Volkswagen Group and PowerCo