The stock is trading 72% below its high price this year, offering an attractive entry point for long-term investors. Notably, QuantumScape stock entails significant risks and is suitable only for investors with a high appetite for risk.
Similarly Who is behind QuantumScape? QuantumScape
| Type | Public company |
|---|---|
| Founders | Jagdeep Singh Tim Holme Fritz Prinz |
| Headquarters | San Jose, California, U.S. |
| Key people | Jagdeep Singh (CEO) |
| Number of employees | 400 (2021) |
Did Bill Gates invest in QuantumScape? QantumScape was founded in 2010 by Singh and backed early by Microsoft founder Bill Gates and auto giant Volkswagen. Both continue to be investors in QuantumScape.
Additionally, Why is QuantumScape so low?
QuantumScape has been quiet since mid-November, when its testing data came ahead of schedule and revealed its 10-year battery cell could run at least 800 cycles at « better than one-hour charge rates. » Any movement in QuantumScape stock price since, therefore, has purely been a reflection of market sentiment and had …
Why has QuantumScape dropped?
QuantumScape (NYSE: QS), a startup developing solid-state lithium batteries for electric vehicles, has seen its stock price decline by close to 25% over the last week, trading at levels of around $44 on Friday. The sell-off was driven by news that the company will raise additional capital via a stock sale.
Is Bill Gates invested in QuantumScape? QantumScape was founded in 2010 by Singh and backed early by Microsoft founder Bill Gates and auto giant Volkswagen. Both continue to be investors in QuantumScape. In early December, Singh publicly revealed test results for QuantumScape’s solid state battery.
Is QuantumScape backed by Bill Gates? QuantumScape, a Bill Gates-backed startup working on solid-state lithium metal batteries for electric vehicles, recently hiked the salary of its CEO, Jagdeep Singh, offering him a multi-billion dollar pay package.
Can I invest in QuantumScape? Invest in QuantumScape on Stash
, you can buy QuantumScape stock in any dollar amount, or any other fund or stock you know on Stash.
Who are the biggest investors in QuantumScape?
Top 10 Owners of Quantumscape Corp
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 5.12% | 17,107,861 |
| BlackRock Fund Advisors | 2.47% | 8,249,534 |
| Global X Management Co. LLC | 1.36% | 4,533,968 |
| SSgA Funds Management, Inc. | 0.90% | 3,007,611 |
How much of QuantumScape does Volkswagen own? Volkswagen and QuantumScape have been working together since 2012; prior to a 100-million dollar investment in 2018, VW already held five per cent of QuantumScape.
Is QuantumScape technology real?
QuantumScape is on a mission to transform energy storage. Our solid-state lithium-metal battery technology is designed to deliver efficient, reliable, safe and cost-effective energy storage to support the transition away from legacy energy sources toward a lower carbon future.
Is QuantumScape in an ETF? QuantumScape Corporation Class A is a company in the U.S. stock market and it is a holding in 49 U.S.-traded ETFs. QS has around 14.0M shares in the U.S. ETF market. The largest ETF holder of QS is the Global X Lithium & Battery Tech ETF (LIT), with approximately 3.64M shares.
How far is QuantumScape from production?
It is no longer the controversial special purpose acquisition company (SPAC) electric vehicle battery firm making headlines for all the wrong reasons. The firm seems to have passed that stage. However, they remain years away from commercial production, which is slated for a 2024 – 2025 time frame.
Is QS a good long term investment?
Again, QS stock remains a long-term play. The market realizes that it faces competition between now and commercialization. It looks like a strong choice for investors keen on capitalizing on the niche. But another strategy could be to buy several competitors in the space and reduce holdings as time moves on.
Why is QuantumScape stock going down? QuantumScape (NYSE: QS), a startup developing solid-state lithium batteries for electric vehicles, has seen its stock price decline by close to 25% over the last week, trading at levels of around $44 on Friday. The sell-off was driven by news that the company will raise additional capital via a stock sale.
What does Bill Gates say about QuantumScape? Gates, an early backer of QuantumScape (NYSE:QS) and QS stock, suggested that people do what he’s doing and only get involved with quality SPACs. The assumption here is that QuantumScape is such a company.
Does QuantumScape have revenue?
QuantumScape revenue for the quarter ending September 30, 2021 was $M, a NAN% increase year-over-year. QuantumScape revenue for the twelve months ending September 30, 2021 was $0M, a NAN% increase year-over-year. QuantumScape annual revenue for 2020 was $0B, a NAN% decline from 2019.
Why is QuantumScape dropping? The decline comes as Toyota, the world’s largest automaker, indicated that it was looking to invest over $13.5 billion by 2030 to develop battery technologies, focusing on not just the next generation of lithium-ion batteries, but also on solid-state batteries, which QuantumScape specializes in.
Why has QuantumScape dropped?
QS stock is down almost 10% this morning after Morgan Stanley downgraded the company to “equal weight” from its previous “overweight” rating. This comes after QuantumScape reported achieving all of their 2021 goals ahead of schedule, citing promising technology development.
Who is in the vanguard group? Vanguard offers two classes of most of its funds: investor shares and admiral shares.
…
The Vanguard Group.
| Type | Private |
|---|---|
| Key people | Mortimer J. Buckley (Chairman & CEO) |
| Products | Mutual funds Exchange-traded funds Broker Asset management Sub-advisory services |
| Revenue | $6.936 billion (2020) |
| AUM | $8.1 trillion (2022) |
Who is QuantumScape partnered with?
QuantumScape claimed in 2020 to have made key breakthroughs in the technology and further advancements in 2021. Its partners include automaker Volkswagen, which has worked with the battery company since 2012 and has invested US$300 million into it to date.
How many shares of QuantumScape are there? Share Statistics
| Avg Vol (3 month) 3 | 8.32M |
|---|---|
| Shares Outstanding 5 | 334.79M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 259.18M |
| % Held by Insiders 1 | 28.93% |