QuantumScape (NASDAQ:QS) Chief Operating Officer Luca Giovanni Fasoli sold 32,255 shares of stock on August 18, valued at approximately $185,000. This move was made to satisfy tax obligations arising from equity vesting and does not reflect his view on the company's stock. Following the sale, Fasoli still holds 1.9 million shares of company stock worth $11 million, most of which are restricted stock and performance stock that require milestones to be met before vesting. The company stated that the core tool utilization rate of its Eagle Line production line has exceeded 90%, and management plans to double battery production in the second half of this year. Additionally, QuantumScape's GAAP net loss narrowed to $98.2 million in the second quarter, and year-to-date customer billings have reached $21.8 million, exceeding the total for the full year 2025.