Why QuantumScape Stock Was Stalling Today

Investors are still waiting for a breakthrough. QuantumScape has no revenue as the company is a development-stage technology company that's still building its product, but investors want to see it managing its cash burn and making progress toward a viable product. QuantumScape is still asking for patience Earlier this month, the company announced a new agreement with PowerCo, Volkswagen's battery division, which increased its cash runway to 2028, 18 months further than its earlier guidance. The deal creates ...