{ "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": 18, "pageCount": 188, "prevPage": 17, "nextPage": 19, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "overcrowded", "nDataPoints": 0, "notes": "Uses a 'villain' framing by comparing the CEO to Elizabeth Holmes.", "elementsJson": [ "headline_text", "paragraph", "screenshot", "quote_block", "footnote" ], "metadataConfidence": 0.95, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-32b620517ee9/18", "deckHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9#slide-18", "components": [ { "bbox": null, "kind": "callout", "text": "In the few years since, QS claims to have solved scientific problems that have stumped others for a century – a spurt that makes Liz Holmes look like a sloth.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-f5d0-745c-bec8-794a9f7bf486", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.43, "x": 0.04, "y": 0.43 }, "kind": "image", "text": "QS CEO on Mad Money, Apr 1, 2021", "attrs": null, "subkind": "screenshot", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c62e67dc-cab1-406f-b87b-1a69aafdc324", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.45, "x": 0.47, "y": 0.78 }, "kind": "paragraph", "text": "As far as he’s concerned, the company has solved the hard basic-science problems that have stymied the commercialization of a solid-state battery.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "19f41b39-538e-45cf-bb12-7eee461c2a69", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.45, "x": 0.47, "y": 0.67 }, "kind": "paragraph", "text": "Singh says the battery resolved all of the core challenges that have plagued solid-state batteries in the past, such as incredibly short lifetimes and slow charging rate.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "34efee74-7f73-4591-a090-94a381e64ad3", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.45, "x": 0.47, "y": 0.52 }, "kind": "paragraph", "text": "A blockbuster assertion by QuantumScape, not verified by outside scientists, that it was on a short path to a solid state EV battery using pure metallic lithium, a prized material that has been the subject of a decades-long global technology race.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3d5cd7be-9ede-4002-b2dc-f92cc83fd336", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.22, "w": 0.92, "x": 0.04, "y": 0.07 }, "kind": "paragraph", "text": "The All-Electron Battery “would create a completely new class” of EV batteries that “could be charged 1000’s of times without showing a significant drop in performance.” When that failed, QS did mass layoffs and pivoted to solid-state batteries. In the few years since, QS claims to have solved scientific problems that have stumped others for a century – a spurt that makes Liz Holmes look like a sloth.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "48cd7df8-2677-4267-8668-fddbac81099b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.45, "x": 0.47, "y": 0.42 }, "kind": "quote", "text": "Pretty amazing data, if we say so ourselves", "attrs": null, "subkind": "pull-quote", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "26739831-09b9-444c-9cb4-b1f9f9543c54", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "\"Pretty amazing data, if we say so ourselves\" — QuantumScape CEO on Mad Money. \"A blockbuster assertion by QuantumScape, not verified by outside scientists, that it was on a short path to a solid state EV battery using pure metallic lithium, a prized material that has been the subject of a decades-long global technology race.\" — Marker. \"Singh says the battery resolved all of the core challenges that have plagued solid-state batteries in the past, such as incredibly short lifetimes and slow charging rate.\" — Wired. \"As far as he's concerned, the company has solved the hard basic-science problems that have stymied the commercialization of a solid-state battery.\" — Wired.", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-f5d0-745c-bec8-7d5a0adef61c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.92, "x": 0.04, "y": 0.88 }, "kind": "source-note", "text": "Sources listed at bottom of slide", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1ec3e0ee-cabf-446e-9b4e-2f62f5001251", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.26, "x": 0.04, "y": 0.04 }, "kind": "title", "text": "1) Introduction to Quantumscape", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a22f3341-4f57-49ed-96f1-692cbc20bc0c", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "fraud-exposure", "slug": null, "matchId": "2f89f868-e2a6-46de-a2f1-9a16e2dd1c4b", "evidence": "The slide explicitly compares the company's claims to Elizabeth Holmes and highlights lack of external verification.", "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 }