Is QuantumScape a Millionaire Maker?

Electric vehicles (EVs) have the potential to revolutionize transportation. While the technology is evolving, mass adoption still encounters hurdles -- mainly around charging times and driving range compared to traditional gas-powered vehicles.QuantumScape (NYSE: QS) is dedicated to overcoming these barriers with its next-generation battery technology that enhances performance and efficiency. The company has hit some important milestones over the last year with its battery technology. That said, it's still pre-revenue, and the stock is down 96% from its all-time high price achieved in late 2020.The beaten-down stock presents an intriguing opportunity for investors as it advances its technology. It is a high-risk, high-reward stock with an intriguing upside. Could investing in QuantumScape today pave the way to millionaire status? Let's dive into the company to find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool