$QuantumScape (QS.US)$ The short report does remind every i...
$QuantumScape(QS.US$
The short report does remind every investor that there is a graveyard of similar battery and ev wannabes that were once as touted as QS. Not many companies can boast a Musk to have virtually no cap on funding. Without which they can only paint the company in an ideal far out future to keep investors pumped and willing to bankroll it. Investors should be paying attention to progress vs spending. If one deem the progress is not transparent, then there is no reason for owning the stock, trading on momentum aside
The short report does remind every investor that there is a graveyard of similar battery and ev wannabes that were once as touted as QS. Not many companies can boast a Musk to have virtually no cap on funding. Without which they can only paint the company in an ideal far out future to keep investors pumped and willing to bankroll it. Investors should be paying attention to progress vs spending. If one deem the progress is not transparent, then there is no reason for owning the stock, trading on momentum aside
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