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VW Just Confirmed This 1 Huge Thing for QuantumScape: What It Means for Investors

It's very, very good news.

By Jason Hall – Updated Jan 4, 2024 at 3:51PM EST

Shares of QuantumScape (QS +1.63%) rocketed more than 40% Thursday after a press release from a Volkswagen subsidiary confirmed some testing data. In this video, Motley Fool contributor Jason Hall puts this news in proper context and frames how investors should think about it now.

*Stock prices used were from the afternoon of Jan. 4, 2023. The video was published on Jan. 4, 2023.

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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. The Motley Fool has positions in and recommends 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
$6.84
(+1.56%)+$0.11
Volkswagen Ag Stock Quote
Volkswagen Ag
OTC: VWAGY
$10.31
(+0.10%)+$0.01

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

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