QuantumScape, a company developing solid-state lithium-metal battery technology for electric vehicles, has seen its stock price plummet from a high of $115 per share to just $4. While the company's technology offers superior energy density and charging times, it faces growing competition from major automakers and start-ups. Investors should closely monitor QuantumScape's financial metrics, such as available cash, share count, and net income, as the company's cash burn and need for funding could lead to tough choices ahead.
The Motley Fool
