{ "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": 3, "pageCount": 188, "prevPage": 2, "nextPage": 4, "slideType": "testimonial", "function": "expose_contradiction", "density": "dense", "nDataPoints": 0, "notes": "The slide uses anonymous expert/employee testimony to undermine the credibility of the company's CEO and technical progress.", "elementsJson": [ "quote_block", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-32b620517ee9/3", "deckHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9#slide-3", "components": [ { "bbox": null, "kind": "callout", "text": "Dissenting views have no place at the company...different interpretations of the science. You're picking up on it [the discrepancies]. I'm sure a lot of the science team there would do it differently, but it's all up to the CEO.", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-f5d0-745c-bec8-057cea5fa022", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.75, "x": 0.12, "y": 0.1 }, "kind": "quote", "text": "Senior member of Volkswagen’s EV battery effort: \"The main issues our engineers and experts are raising are trust in the data, a lack of transparency...\"", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "866e16db-4392-4e4d-b91a-9f69cc1a3ad7", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.3, "w": 0.75, "x": 0.12, "y": 0.58 }, "kind": "quote", "text": "Former employee #2: \"A lot of the upper management have very good backgrounds... But the CEO... he’s different. He’s different from the rest of their team, and he is totally in charge...\"", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "879042a7-8766-4c40-856a-cff44bc0a35c", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.75, "x": 0.12, "y": 0.32 }, "kind": "quote", "text": "Former employee #1: \"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": "b38c4641-52ed-410d-8404-74add8451fa6", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "\"The main issues our engineers and experts are raising are trust in the data, a lack of transparency. Behavior in certain situations like extreme temperatures and so on. This is a big question mark where they're saying that we are having a lot of issues and a lot of risk. Those are [some of the] core questions that are circling around. They don't trust that you can charge it in 15 minutes, for example.\" — Senior member of Volkswagen’s EV battery effort. \"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 #1. \"A lot of the upper management have very good backgrounds, a lot of Stanford grads there. They absolutely wouldn't falsify data or fudge things. But the CEO, his [pause]...his [pause]...he's a different [pause]...he's different. He's different from the rest of their team, and he is totally in charge...Dissenting views have no place at the company...different interpretations of the science. You're picking up on it [the discrepancies]. I'm sure a lot of the science team there would do it differently, but it's all up to the CEO. Jagdeep is picking every slide, every picture, what the colors are...[he's] selling this vision on Jim Cramer's show and he hopes the data catches up to him...It's taking a long time, taking longer than Jagdeep wanted and his backers wanted.\" — Former employee #2.", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-f5d0-745c-bec8-0a978d087a74", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.3, "x": 0.12, "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": "5203c6ef-d3a0-41d1-b3ce-ee3d7c2f61e1", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "fraud-exposure", "slug": null, "matchId": "9c42a44e-129c-4e95-8a1d-0954fa3801f2", "evidence": "Uses expert testimony to highlight discrepancies between public claims and internal reality.", "confidence": 0.9 } ], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }