As discussed in my last article on QuantumScape (NYSE:QS) stock, electric vehicle stocks began to rally at the start of July, on the heels of Tesla’s (NASDAQ:TSLA) latest delivery numbers.
The TSLA rally has stalled, but interestingly enough, more speculative EV plays keep climbing. QS stock is no exception.
QuantumScape is just a few weeks away from releasing its latest quarterly results. Based on the market’s response to prior earnings releases, it’s tough to be confident that it will surge further rather than reverse course post-earnings.
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