QuantumScape's stock is falling. Here's why Wall Street is panning the EV battery maker's earnings.

Core Viewpoint - The company is focused on developing solid-state batteries to reduce the cost of electric vehicles, although this endeavor will require significant investment [1] Group 1: Company Developments - The company is working on solid-state battery technology, which is expected to contribute to lowering electric vehicle costs [1] - Achieving the goal of cost reduction through solid-state batteries will be financially demanding for the company [1]