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QuantumScape in 2024: Is This the Year It Starts Making Money? 3 Ways It Could Happen

Steps closer to commercialization look real. But where's the money to build factories coming from? We share three ways.

By Jason Hall and Tyler Crowe – Dec 24, 2023 at 5:02AM EST

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the three main ways QuantumScape (QS +6.96%) could bring its batteries out of the lab and start commercial operations. One is very high risk but also high reward, while the other two offer varying ways to reduce the risk, but also reduce the potential profits. Stocks discussed include Volkswagen (VWAGY +0.82%), Toyota (TM +0.25%), Tesla (TSLA +3.37%), and Panasonic (PCRFY +0.00%).

*Stock prices used were from the morning of Dec. 19, 2023. The video was published on Dec 23, 2023.

Read Next

About the Author

Jason Hall
Jason Hall is a contributing Motley Fool stock market analyst with more than a decade of experience writing about dividend stocks and long-term investing. He has been with the company since 2012 and previously spent over 10 years in technical sales in the printing and information services industry. Jason also founded and operated a small food manufacturing business.
TMFVelvetHammer
X@thesmattering

Jason Hall has positions in QuantumScape. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla and 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.

Stocks Mentioned

QuantumScape Stock Quote
QuantumScape
NASDAQ: QS
$7.00
(+6.96%)+$0.46
Toyota Motor Stock Quote
Toyota Motor
NYSE: TM
$232.74
(+0.25%)+$0.57
Tesla Stock Quote
Tesla
NASDAQ: TSLA
$405.67
(+3.37%)+$13.24
Volkswagen Ag Stock Quote
Volkswagen Ag
OTC: VWAGY
$11.11
(+0.82%)+$0.09

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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