Cramer would be careful with Quantumscape Corp (NYSE: QS) because there is real competition in the battery space.
Once people realize how fast Quantumscape's batteries charge up, then how long they last, people will realize that there's really isn't any competition in the battery space.
I doubt that Gates is selling and I know that VW isn't selling, the float on QS is around 100 million shares, yet down the Hedge Funds takes us going into earnings.
Jaqdeep Singh has publicly said that the Hedge Fund that shorted QS was lying his butt off, I'm betting big that Singh will have the last laugh this Tuesday.
QuantumScape Announces Timing of Third Quarter 2021 Financial Results and Webcast
SAN JOSE, Calif.--(BUSINESS WIRE)--October 15, 2021--
QuantumScape Corporation (NYSE: QS), a leader in the development of next-generation solid-state lithium-metal batteries for electric vehicles, today announced it will release 2021 third quarter financial results after market close on Tuesday, October 26, 2021. This will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Participating on the call will be Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, of QuantumScape.
Starting today, October 15, retail and institutional shareholders can submit and upvote questions they would like addressed on the earnings call. QuantumScape management will respond to a selection of the most upvoted questions. To submit questions, please visit the Say online platform; shareholders at brokers with Say can participate directly in their investing app or broker website. We will accept questions on the Q&A platform until Friday, October 22, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
The earnings call will be accessible live via a webcast on QuantumScape's IR Events Calendar page. An archive of the webcast will be available shortly after the call for 12 months.
About QuantumScape Corporation
QuantumScape is a leader in developing next-generation solid-state lithium-metal batteries for electric vehicles. The company is on a mission is to revolutionize energy storage to enable a sustainable future. For more information, please visit www.quantumscape.com.