QuantumScape Corporation (QS)

[solong]

$QS - from interviews to PRs the company has said that 2024 will be a year of proving that they can manufacture at scale.

Toyota (#2 manufacturer, worldwide) states that it is ramping up EV production in 2024 and they will surprise the market so there will be competition. NOTE: most analyst believe they will offer a lithium solution, not a solid state.

Toyota states that they can provde the expectations of Solid State with their own (lithium) tech and will migrate to Solid State in 2027.

Percentage of Shares Shorted (QS) - 11.11% of the outstanding shares of QuantumScape have been sold short. According to the SEC.
Current Short Volume 54,400,000 shares
Previous Short Volume 54,950,000 shares
Dollar Volume Sold Short - $412.35 million
Percentage of Shares Shorted - 11.11%

Be patient - the shorts are gambling on months worth of quiet time while the company proves it can manufacture their tech, at scale.

I'll be buying again, if the shorts can push this lower.