QuantumScape (NYSE: QS) is aiming to change the game when it comes to batteries for electric vehicles (EVs). If its anode-free lithium-metal batteries see significant market adoption, it could be revolutionary, but the market is clearly skeptical about the business's outlook. The company's share price is down a staggering 95% from the high that it reached shortly after going public through a special purpose acquisition company in November 2020.

Is the stock a worthwhile buy for risk-tolerant investors seeking potentially explosive plays? Or, will shares see their remaining value go up in smoke? Read on for a look at bullish and bearish scenarios, catalysts, and dynamics that will likely be major factors in QuantumScape's performance. 

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Source Fool.com