Here's Why QuantumScape Soared on Monday

Group 1 - The S&P 500 index showed strong performance on Monday, with QuantumScape (QS) being a notable standout, rising by 9.5% at market close and trading over 13% higher at certain points during the day [1] - QuantumScape has been one of the best performers in 2025, with its stock up nearly 27% year-to-date, experiencing gains in every trading session [2] - A report regarding President-elect Donald Trump's tariff plans may have acted as a catalyst for QuantumScape's stock growth, although the specifics of the tariff plan remain unclear [3] Group 2 - Share prices of key automakers, including Volkswagen, General Motors, and Lucid Group, also increased on Monday, with Volkswagen's shares rising over 3% [4] - QuantumScape is still in a pre-revenue stage and is a few years away from significant sales, but successful commercialization of its solid-state EV batteries could lead to business from various automakers [5]