QuantumScape (QS) shares have fallen 50% this year, reducing its market capitalization to $3.2 billion. An analysis by Yahoo Finance suggests that the company, which holds valuable solid-state lithium-metal intellectual property, could become an acquisition target. Potential acquirers include its original backer Volkswagen and partner Honda, which has $32 billion in cash. The analysis notes QuantumScape's quarterly cash burn is around $65 million.