{ "docId": "019dd923-622c-750b-8b9a-32b620517ee9", "docSlug": "2ec39f20dd86", "documentTitle": "QuantumScape (QS)", "authorId": "58_Scorpion_Capital", "authorName": "Scorpion Capital", "documentKindSlug": "activist-deck", "documentKindLabel": "Activist deck", "sourceTypeSlug": "short_seller", "sourceTypeLabel": "Short seller", "presentationDate": "2021-04-15 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 140, "pageCount": 188, "prevPage": 139, "nextPage": 141, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "dense", "nDataPoints": 0, "notes": "Uses highlighted text to emphasize key skeptical points from former employees.", "elementsJson": [ "headline_text", "subtitle_text", "quote_block", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-32b620517ee9/140", "deckHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9#slide-140", "components": [ { "bbox": null, "kind": "callout", "text": "it's one thing to show it on the research level and another thing to show that it can be scalable.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-f5d1-75b6-b062-7095b82680a8", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.85, "x": 0.048, "y": 0.26 }, "kind": "paragraph", "text": "Former employees lay out the actual state of affairs behind the Quantumscape hype.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e4789dce-2a61-4242-b93a-6b72a7754b56", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.904, "x": 0.048, "y": 0.65 }, "kind": "quote", "text": "Former employee #2: \"I believe them for a sample or two...but I don't believe that they can do that pretty consistently. It's not a robust process at the moment...And from the people that I still talk to, they can't.\"", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "65da8767-7c70-4c49-8a1f-ecbe060f77c2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.904, "x": 0.048, "y": 0.32 }, "kind": "quote", "text": "Former employee #1: \"I left partly because I didn't believe in the team and the technology...My skepticism comes from how often they were able to do it and what yield...it's one thing to show it on the research level and another thing to show that it can be scalable.\"", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ea79f696-eae0-429f-825e-659b246b57ce", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "\"My skepticism comes from how often they were able to do it and what yield. When I was there, it was really hard to get a full cell that was repeatedly performing for a long period of time... it's one thing to show it on the research level and another thing to show that it can be scalable.\" — Former employee; \"I don't believe that they can do that pretty consistently. It's not a robust process at the moment... And from the people that I still talk to, they can't.\" — Another former employee", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-f5d1-75b6-b062-75db85ec0bc5", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.3, "x": 0.048, "y": 0.89 }, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2e76eca2-5327-4efe-8e74-e7d5441f4ee7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.55, "x": 0.048, "y": 0.03 }, "kind": "title", "text": "5) Quantumscape can't even reliably make TEST cells that work, we believe", "attrs": null, "subkind": "action-title", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "fe2af3b3-0bdd-4bc5-9e06-c3ad28c0899a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.904, "x": 0.048, "y": 0.06 }, "kind": "title", "text": "We find ex-employee comments to be devastating: still don't have a robust process for making a few test cells; \"it was really hard to get a full cell that was repeatedly performing for a long period\"", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "717a5a26-ea46-4227-97ce-8d790e7fabae", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "fraud-exposure", "slug": null, "matchId": "ab5b2aec-c560-4c44-bb01-3ed0de6451bd", "evidence": "Uses expert testimony to contradict company claims", "confidence": 0.9 } ], "arcBeats": [ { "to": 150, "from": 7, "beatId": "bb56e2cc-71d0-4a88-adf5-a740e3b3215c", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "Critique of Quantumscape's claims and technology", "beatSlug": null, "evidence": "The document presents a detailed critique of Quantumscape's claims and technology.", "position": 0, "confidence": 0.8, "parentBeatName": null, "parentBeatSlug": null }, { "to": 149, "from": 8, "beatId": "f51b8fe3-6117-425f-a2bb-d0457528eb59", "arcName": "Overcoming the Monster", "arcSlug": "overcoming-monster", "beatName": "Exposure of contradictions and red flags in Quantumscape's data", "beatSlug": null, "evidence": "The document highlights multiple contradictions and red flags in Quantumscape's data.", "position": 1, "confidence": 0.8, "parentBeatName": null, "parentBeatSlug": null } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }