{
  "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": 19,
  "pageCount": 188,
  "prevPage": 18,
  "nextPage": 20,
  "slideType": "problem_statement",
  "function": "diagnose_problem",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "Uses an analogy to frame the technical difficulty as an insurmountable or near-impossible engineering challenge.",
  "elementsJson": [
    "headline_text",
    "paragraph",
    "callout_box"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-32b620517ee9/19",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9#slide-19",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "How does one swim through a rock in the same manner as through a liquid?",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-f5d0-745c-bec8-fdb5d731ffe8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.94,
        "x": 0.03,
        "y": 0.06
      },
      "kind": "paragraph",
      "text": "In a typical Li-ion battery, ions move between the anode (negative electrode) and cathode (positive electrode) through a liquid called an electrolyte. The QS battery replaces the liquid material with a solid-state ceramic separator. A decades-long obstacle: how does one possibly move ions through a solid as easily as through a liquid?",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5e6ec0b4-8a40-4b45-815f-53f231ade2db",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.94,
        "x": 0.03,
        "y": 0.23
      },
      "kind": "paragraph",
      "text": "A simple analogy explains one of the many reasons why no one has solved the challenges of solid-state batteries, except under highly artificial and manipulated conditions on tiny samples in a lab. Imagine a battery as a swimming pool with the anode at one end and cathode at the other. Lithium ions \"swim\" from the anode to cathode during discharge, and reverse direction when charged. Now replace the water with a solid ceramic material. How does one swim through a rock in the same manner as through a liquid? A ex-employee of Quantumscape explained the problem: \"Nobel Prize-winning work needs to be done.\"",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "670a2e80-e5dd-49f6-9ce9-ce2ed7a7beb4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.94,
        "x": 0.03,
        "y": 0.52
      },
      "kind": "quote",
      "text": "\"I wouldn't say that nothing that we tried worked... This is a super-difficult problem like, basically, Nobel-Prize-winning work needs to be done to make solid-state batteries real.\"",
      "attrs": null,
      "subkind": "testimonial",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dde43985-6bb9-495d-82d5-61dea563717d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“I wouldn't say that nothing that we tried worked. I've been on a number of calls with people, a lot of them are into the hype, and they hear a hesitation in my voice, and they just can't believe that it's not real for whatever reason. But this is an extraordinarily hard thing to do to the point that most people can't really understand how hard it is...Most people who have not done some kind of industrial work in the past just have no idea how difficult this stuff is, how uncertain it is... This is a super-difficult problem like, basically, Nobel-Prize-winning work needs to be done to make solid-state batteries real.” — Former employee of Quantumscape",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-f5d0-745c-bec9-02995e4724e9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.3,
        "x": 0.03,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "Source: Scorpion Capital consultation calls with experts",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4551576b-be53-4707-9f20-5c35accae892",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.25,
        "x": 0.03,
        "y": 0.03
      },
      "kind": "title",
      "text": "1) Introduction to Quantumscape",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d4dfdec5-1264-40eb-9605-b1e472204924",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "argument-from-analogy",
      "slug": null,
      "matchId": "ea3a0714-2546-4448-af87-4d961bb5c145",
      "evidence": "Uses the swimming pool/rock analogy to explain the technical difficulty.",
      "confidence": 1
    }
  ],
  "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": [
    {
      "to": 28,
      "from": 19,
      "name": "Aha Moment",
      "slug": "03-aha-moment",
      "bestFor": "Data-heavy sections, research findings, analytical arguments",
      "matchId": "d242564b-b4ef-45b6-9935-77f742cb969f",
      "evidence": "The document explains the technical challenges of solid-state batteries.",
      "position": 0,
      "objective": "The technical challenge of solid-state batteries",
      "structure": "The Problem/Question -> What the Data Shows -> The Insight",
      "confidence": 0.7,
      "description": "Establish a tension, present data, then deliver the insight that changes everything"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}