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QuantumScape (QS) Mentioned as Short at Scorpion Capital

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QuantumScape (QS) CEO to Defend Company Tonight on Mad Money

April 16, 2021 9:56 AM EDT

QuantumScape (NYSE: QS) CEO to Defend Company Tonight on Mad Money

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'A Pump and Dump SPAC Scam': Quantumscape (QS), Backed by Bill Gates and Volkswagen, Falls 10% On a Short Report from Scorpion Capital

April 15, 2021 9:38 AM EDT

A new short report from Scorpion Capital sent shares of Quantumscape (NYSE: QS) 10% lower in pre-open Thursday.

The company is no different than other recently exposed SPAC promotions and EV frauds, according to the activist short-selling Scorpion Capital, who interviewed 9 former R&D employees, 4 leading solid-state battery experts, and 2 employees in Volkswagens EV battery effort.

The activist alleges that many positive milestones... More