Shares of QuantumScape (NYSE: QS) rocketed more than 40% Thursday after a press release from a Volkswagen subsidiary confirmed some testing data. In this video, Motley Fool contributor Jason Hall puts this news in proper context and frames how investors should think about it now.
*Stock prices used were from the afternoon of Jan. 4, 2023. The video was published on Jan. 4, 2023.
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Jason Hall has positions in QuantumScape. The Motley Fool has positions in and recommends Volkswagen Ag. The Motley Fool has a disclosure policy. Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
VW Just Confirmed This 1 Huge Thing for QuantumScape: What It Means for Investors was originally published by The Motley Fool