/biz/ - Business & Finance

>>27539631
Lawsuits:
>The actions allege that, throughout the Class Period, defendants misrepresented and/or failed to disclose: (1) that QuantumScape’s battery technology was not sufficient for electric vehicle performance; (2) the Company’s battery technology likely provided no meaningful improvement over existing battery technology; and (3) the successful commercialization of the QuantumScape’s battery technology was subject to undisclosed and significant risks and uncertainties.

Looks like they might be lying to save their ass. Would explain why stonk didn't move much despite such huge move.