MoS2 has attracted tremendous attention as a promising electrode material for rechargeable alkali metal ion (Li+, Na+, K+) batteries due to its high capacity and low cost. However, the practical application of MoS2 for energy storage has not been achieved yet, which is restricted by its intrinsic charge‐storage behavior. Debates still exist in this field although great efforts have been made to reveal alkali metal ion (Li+, Na+, K+) storage mechanism of MoS2. This Minireview aims to provide an analysis and summary of the related phase conversion, structure collapse, and loss of active material in a MoS2 electrode during the intercalation/extraction process of alkali metal ions. Hence, the fundamental understanding about the charge storage in MoS2 is of importance for the rational design of MoS2 electrodes with excellent electrochemical performance.