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The company is spending on several things, including preparing for manufacturing.
Fool.com contributor Parkev Tatevosian reviews QuantumScape's (QS 5.69%) financial position to determine if the company is in danger of running out of money.
*Stock prices used were the afternoon prices of August 2, 2023. The video was published on August 4, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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