$QuantumScape(QS.US)$I don't understand why the stock price of this stock held by institutions such as BlackRock, J.P. Morgan, and Pioneer still plummeted.
Stock prices continued to fall because some people went short, and there were also many short-term speculators who lost money or made a profit. However, the more QS falls, the better, because QS was originally a stock with high risk and a large uncertain factor. Now investing in it has the nature of gambling. Although it is gambling, if the odds are high, the chances of winning are high, and the principal amount of the bet is small. As the stock price falls, QS will only become more and more attractive. Although QS has no revenue, during this period of economic slowdown, there is no need to worry about sales issues. All of QS expenses are to prepare for future increases in production capacity, not losses due to overcapacity. From the QS website, you can find out that QS is recruiting a large number of talents. Dr Siva, who just joined, was 60 years old and older than CEO Jagdeep. Dr Siva must have discovered the potential of QS before joining. After all, many older people will compare Conservative, and very careful. These are all very good signs.
Factories completed in mid-2025 have been delayed until the end of 2026 or 2027, and costs have also been raised. Investors don't like this kind of company that can't be completed on schedule, which proves that it's not well-managed or deliberately deceived investors.