If You’d Invested $1,000 in QuantumScape 3 Years Ago, Here’s How Much You’d Have Today
Solid-state battery play QuantumScape delivered electrifying returns—then reality hit.
The QuantumScape Rollercoaster
Three years back, QuantumScape promised to revolutionize energy storage with its solid-state battery tech. Early investors rode the hype wave straight to the moon—until physics and production timelines brought things back to earth.
From Lab to Market Realities
The company's valuation soared on prototype promises, then corrected when scaling challenges emerged. That's the thing with disruptive tech—everyone loves the vision until manufacturing bottlenecks enter the chat.
Where It Stands Now
While the technology remains promising, the road from research to revenue proved longer than many speculators anticipated. Another reminder that in tech investing, sometimes the brightest ideas take the longest to mature.
Final Tally: A classic case of revolutionary potential meeting industrial reality—because nothing makes investors more patient than watching paper gains evaporate.
A stop-and-go stock
Had you plunked down $1,000 on QuantumScape stock exactly three years ago from this writing, your stake WOULD be worth just under $864 today.
Image source: Getty Images.
The important factor to bear in mind with the company is that its technology, innovative as it is, is not yet available in any commercialized vehicle. So QuantumScape is pre-revenue, hence an investment in it is speculative. That's why we've seen those numerous share-price peaks and valleys.
That said, the company keeps motoring closer to commercialization.
The big game-changer was when, in mid-2024, it signed a deal for's battery subsidiary PowerCo to license its solid-state battery technology. Under the terms of the arrangement -- built on a previous joint venture between the two companies -- PowerCo has the right to mass-produce QuantumScape's power packs for its parent's vehicles. QuantumScape will earn milestone payments and royalties from such manufacturing.
Powerful potential
The German automotive heavyweight, by the way, holds a chunky equity stake in QuantumScape; this stood at around 17% of the battery developer at the time of the licensing deal. So it's not only a believer in its technology, it also has a vested interest in bringing it to market.
This alone makes QuantumScape a compelling stock. Marry that with advanced technology that could really boost the buy case for EVs, and you've got a company well worth investing in -- even though it's still somewhat speculative.
