5 Reasons to Buy QuantumScape Stock in 2024
QuantumScape (NYSE: QS) is trying to achieve something with its battery technology that has never been accomplished. Its "solid-state" battery doesn't need the liquid or gel found inside existing batteries, making it lighter, safer, and higher-performing. The company is the rare true potential game changer.
That said, QuantumScape is pre-revenue and is also the true definition of high-risk and high-reward -- not an investment for the faint of heart. If investors can stomach the high-risk part that comes with owning shares of QuantumScape, here are five factors that could push the company from dream to dream-like returns.
A key part of finding successful investments is to find management with incentives that align with long-term company success. QuantumScape has that, and management milestones include completing sample A and B prototypes of its technology, as well as long-term milestones such as $10 billion in generally accepted accounting principles (GAAP) revenue and 20% of global market share (excluding China).
Source Fool.com
