{ "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": 56, "pageCount": 188, "prevPage": 55, "nextPage": 57, "slideType": "expose_contradiction", "function": "expose_contradiction", "density": "overcrowded", "nDataPoints": 0, "notes": "Uses direct quotes from a former employee to discredit technical claims.", "elementsJson": [ "headline_text", "paragraph", "quote_block", "footnote" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-622c-750b-8b9a-32b620517ee9/56", "deckHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9", "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9.json", "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-32b620517ee9#slide-56", "components": [ { "bbox": null, "kind": "callout", "text": "One former employee painted the dendrites claims/data as fraudulent: “definitely bullshit,” “I don’t buy this, for sure,” and replied “Absolutely” when we asked if he was saying that the key slide is “made up, fiction or garbage”", "attrs": null, "subkind": null, "toolName": "Visual emphasis", "toolSlug": "visual-emphasis", "confidence": null, "componentId": "019dd952-f5d1-75b6-b05c-30a02e21b052", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.92, "x": 0.04, "y": 0.61 }, "kind": "paragraph", "text": "We then asked, “You’re saying, it’s just not going to hold true at all?” and he explained his reasoning for why he believes the claim is “bullshit”", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2ed71124-8c36-4af0-9901-f6844186c00b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.92, "x": 0.04, "y": 0.22 }, "kind": "paragraph", "text": "He stated that at best the dendrites claim could be “possible” for a coin-size single-layer cell, but not representative of “an actual cell” and explained his reasoning in detail.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "c6325342-4fdd-470b-8e55-93bb55a3eb90", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.9, "x": 0.06, "y": 0.68 }, "kind": "quote", "text": "“No. This is a symmetric cell that they are talking about. So, there's a bidirectional current. Going slightly into technicalities—the activation energy for the process is going to be symmetric between the cathode and the anode because both of them are the same anyway, and it's a single-layer. The assumptions that go into such a graph would be that the activation energy for the forward and the backward reaction are going to be exactly the same. Second, it's going to be a single-layer coin cell which means that the area of cross-section is not going to be enough to even promote the dendriting. Third, at this level, you could probably nanostructure the hell out of your separator, in which case, it just wouldn't allow the lithium plating to happen on the other side, anode or cathode.” - Former R&D employee", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9c9a0f26-ad47-46c7-a334-2aa45b1ff60b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.28, "w": 0.9, "x": 0.06, "y": 0.31 }, "kind": "quote", "text": "[The CEO’s dendrites claim] is a bunch of bullshit because even if you did have a ceramic separator, the kind of synthesis that you would have to do on it just to make sure—here is the deal. You want lithium-ions to flow through this separator or the electrolyte; in this case, the solid-state separator and electrolyte is kind of like a combination here. So, you want lithium-ions to flow through it from cathode to anode and vice-versa, but then you're not allowing the dendrites, which is essentially lithium metal again, to pass through the ceramic separator.. That’s definitely bullshit. If it's a tiny one-inch diameter coin cell, then yeah, it's entirely possible, and it has to be single-layer as well but it's not going to be representative of what you will see in an actual cell, especially when it comes to a dual-electrode multi-layer cell, this is just not going to hold good at all.” – Former R&D employee", "attrs": null, "subkind": "testimonial", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f51ef78e-3097-44cf-b015-a28d9b7ed09b", "frameworkName": null, "frameworkSlug": null }, { "bbox": null, "kind": "quote", "text": "[The CEO's dendrites claim] is a bunch of bullshit because even if you did have a ceramic separator, the kind of synthesis that you would have to do on it just to make sure—here is the deal. You want lithium-ions to flow through it from cathode to anode and vice-versa, but then you're not allowing the dendrites, which is essentially lithium metal again, to pass through the ceramic separator.. That's definitely bullshit. If it's a tiny one-inch diameter coin cell, then yeah, it's entirely possible, and it has to be single-layer as well but it's not going to be representative of what you will see in an actual cell, especially when it comes to a dual-electrode multi-layer cell, this is just not going to hold good at all. — Former R&D employee", "attrs": null, "subkind": null, "toolName": "Authority citation", "toolSlug": "authority-citation", "confidence": null, "componentId": "019dd952-f5d1-75b6-b05c-34499b6cc685", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.25, "x": 0.04, "y": 0.96 }, "kind": "source-note", "text": "Source: Scorpion Capital consultation calls with experts", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6d684ba7-60fa-4833-95b2-c91fcec61bfc", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.12, "w": 0.92, "x": 0.04, "y": 0.08 }, "kind": "title", "text": "One former employee painted the dendrites claims/data as fraudulent: “definitely bullshit,” “I don’t buy this, for sure,” and replied “Absolutely” when we asked if he was saying that the key slide is “made up, fiction or garbage”", "attrs": null, "subkind": "action-title", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4d1e4839-7bd7-428d-8a47-d09ba3580323", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.4, "x": 0.04, "y": 0.04 }, "kind": "title", "text": "3) Phony claim A: Solid-state material resists dendrites", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "3da334bd-3729-4dac-bca9-9e50432fe329", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [ { "name": "fraud-exposure", "slug": null, "matchId": "e4d37b68-80a1-4a9a-bd0a-10cd77cb4f23", "evidence": "Uses expert testimony to expose potential fraud in technical 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 }