QuantumScape’s Meteoric Rise: A Case Study in Battery Geopolitics
This morning, QuantumScape’s shares surged by over 20%, with the stock still up by 16.3% as of 10:25 a.m. ET. The company is now in the enviable position of basking in the glow of investor attention. And who could blame them? It’s not every day you see such thrilling excitement over a few production deals and a few rare-earth minerals in a tug-of-war between two global superpowers.