Welcome to the Utopia Forums! Register a new account
The current time is Sat Apr 26 14:59:30 2025
Utopia Talk / Politics / Tesla sales plunge
murder
Member | Wed Apr 02 17:33:27 Tesla sales plunge: Biggest decline in its history Tesla sales plunged 13% in the first three months of this year, the largest drop in deliveries in its history, as backlash against CEO Elon Musk and growing competition took a large bite out of demand for its EVs. Tesla reported Wednesday that it delivered 336,681 cars in the quarter, 50,000 fewer vehicles compared to the first three months of last year. The results were the company’s worst sales in nearly three years. Tesla has faced protests outside its showrooms from those opposed to the actions of Musk in one of his other roles as the head of the Department of Government Efficiency, and the policies of Donald Trump’s presidential administration. There have also been instances of vandalism against Tesla facilities, including its charging stations, as well as some cars. All these incidents may have discouraged some potential Tesla buyers from going ahead with their purchases. Tesla did not mention the protests against the company in its sales statement. It did, however, point to an update to the Model Y during the quarter that temporarily halted production at all four of its factories for several weeks. “Thank you to all our customers, employees, suppliers, shareholders and supporters who helped us achieve these results,” the company said. The decline is stunning for a company that until recently was reporting year-over-year sales growth of between 20% and 100% virtually every quarter, a rate greatly responsible for its lofty stock price. Tesla’s first modest drop in quarterly sales only occurred in 2020 during the pandemic when shutdowns hit production and deliveries. But last year, Tesla reported its first annual decline in sales, which accelerated in the first quarter. The plunge was worse than expected by Tesla analysts, who had forecast quarterly sales as low as 350,000.Then Tesla shares, which nearly doubled in value after the presidential election on hopes that Musk’s close ties to Trump would result in policies that were advantageous to the company, have lost 44% of their value since hitting an all-time high in December. Shares of Tesla (TSLA) fell about 2% in early trading following the sales report, but rebounded sharply on a Politico report that Musk will be stepping back from his formal role in the Trump administration but may stay on as an informal adviser. Musk ‘brand tornado crisis’ hits sales Analysts continue to worry that Musk’s actions elsewhere are hurting Tesla. “The Street and us knew a bad 1Q was coming but this was even worse than expected,” said Dan Ives of Wedbush Securities, who has been a bull on Tesla, in a note to clients Wednesday. “This quarter was an example of the damage Musk is causing Tesla. This continues to be a moment of truth for Musk to navigate this brand tornado crisis and get onto the other side of this dark chapter for Tesla.” With his high profile, confrontational statements and postings on social media, Musk has become a lightning rod for people opposed to the policies of the Trump administration. A CNN poll last month found just 35% of Americans express a positive view of Musk, with 53% rating him negatively, making him both better known and more substantially unpopular than Vice President JD Vance (whom 33% of Americans rate favorably and 44% unfavorably.) Those negative opinions of Musk are bleeding over into negative views of Tesla, especially among those who identify as liberals. Those Americans are a segment of the car buying market most likely to be interested in buying a green electric vehicle. And polling indicates Tesla is losing favor. A February poll by Morning Consult shows that nearly 32% of US buyers “would not consider” buying a Tesla. That’s up from 27% in a Morning Consult survey a year ago, and 17% in 2021. S&P Global Mobility, which tracks sales on a state-by-state basis, said there has been a big change in customer loyalty between so-called “blue states,” which have voted for a Democrat in the last four presidential elections, and “red states” where Republicans won. In blue states, the percentage of current Tesla owners buying another Tesla fell to 65% at the end of 2024 from 72% the year before. Meanwhile, repeat Tesla buyers in red states edged up very slightly from 47.6% to 48.2% during the same time period. Problems with sales outside United States Tesla does not break out its sales by market. But sales fell 49% in Europe alone in the first two months of the quarter, according to the European Automobile Manufacturers’ Association, even as EV sales overall grew 28% on the continent. That may be due to opposition to Musk in Europe, thanks to his vocal support of far-right political parties in Germany and the United Kingdom. But even without the political controversy, Tesla is facing headwinds due to growing competition from other automakers, particularly those in China. China is the largest market for EVs and Tesla’s second largest market, after the United States. Chinese automaker BYD reported sales of more than 416,000 pure electric passenger vehicles in the quarter, a 39% rise from a year earlier, once again overtaking Tesla as the world’s largest seller of EVs. BYD has pulled ahead ahead of Tesla in EV sales for a number of quarters in recent years, although Tesla has always maintained the lead in full-year sales. But Tesla is poised to lose that title in 2025, given current sales trends. BYD’s EVs are generally less expensive than Tesla, among other advantages. Earlier this month, BYD unveiled a charging system that it says will give its latest EV model 250 miles of range after plugging in for just five minutes. But despite the competition abroad, BYD and most other Chinese EV makers do not have a presence in the US market. This story has been updated with additional reporting and context. CNN’s Ariel Edwards-Levy, Juliana Liu, Hassan Tayir and John Liu contributed to this report. Correction: An earlier version of this story incorrectly stated the decline in Tesla sales. Tesla sales fell 13% last quarter. http://www...usiness/tesla-sales/index.html |
williamthebastard
Member | Wed Apr 02 17:50:53 "most other Chinese EV makers do not have a presence in the US market." That was a weird way of saying that there are 27% tarrifs on Chinese cars in the US |
williamthebastard
Member | Wed Apr 02 17:53:19 Sorry, 100% tariffs "it is effectively barred from due to 100% tariffs on its passenger cars." |
Sam Adams
Member | Thu Apr 03 10:23:09 "BYD’s EVs are generally less expensive than Tesla" Only if you compare little foreign shitboxes to proper vehicles. If you compare byds to other vehicles in the same class the prices are the same. |
jergul
large member | Thu Apr 03 10:25:53 Defunding Musk remains the Humanity's prime directive. Citizen Trump is playing his heavy handed part in this. |
jergul
large member | Thu Apr 03 10:26:13 Strike the "the". |
Sam Adams
Member | Thu Apr 03 10:28:57 But ya tesla has obviously made major mistakes. The gimmicky shit, the lack of flat roofs and spares, no v2x, no real truck, insane leader, the fsd lies makes it clear they are not headed for a rosy future. Ford GM and Rivian would all be well ahead of tesla in terms of useful EVs that i am looking at. Maybe even hyndai/volvo. Surprising to see the japanese failing at EVs. |
Nimatzo
iChihuaha | Thu Apr 03 13:26:01 It’s all about SpaceX. Always was. And I bet that is what Musk is getting out of his relationship with Trump and setting Tesla on fire. |
williamthebastard
Member | Thu Apr 03 16:20:47 Excellent, about bloody time. "European Union regulators are preparing major penalties against Elon Musk’s social media platform X for breaking a landmark law to combat illicit content and disinformation. The fine could surpass $1 billion, one person said, as regulators seek to make an example of X to deter other companies from violating the law, called the Digital Services Act. E.U. officials said their investigation into X was progressing independently from tariff negotiations after Mr. Trump announced major new levies this week. The investigation began in 2023 and regulators last year issued a preliminary ruling that X had violated the law. X also faces a second E.U. investigation that is broader and that could lead to further penalties. In that investigation, two people said, E.U. officials are building a case that X’s hands-off approach to policing user-generated content has made it a hub of illegal hate speech, disinformation and other material that is viewed as undercutting democracy across the 27-nation bloc. X declined to comment. The X investigation has been closely watched as the first major attempt to enforce the Digital Services Act, which requires companies to better police their platforms and to provide adequate transparency about how their services work. https://archive.ph/https://www.nytimes.com/2025/04/03/technology/eu-penalties-x-elon-musk.html |
williamthebastard
Member | Thu Apr 03 16:21:11 http://www.../eu-penalties-x-elon-musk.html |
kargen
Member | Thu Apr 03 17:16:08 what makes you think Musk is getting out of his relationship with Trump? |
murder
Member | Thu Apr 03 19:02:43 He's not. It wouldn't make a difference, and Trump is his main lifeline. |
Seb
Member | Thu Apr 03 19:14:34 Sam: "Only if you compare little foreign shitboxes to proper vehicles" Given we are talking Tesla, which produces vehicles that spontaneously catch fire, drive into trailers, lock their drivers in during an accident, aren't deemed roadworthy in many countries and whose latest product is currently subject to recall in its home market due to being glued together with defective glue... I'm not sure proper vehicle is quite the opposite term. |
Seb
Member | Thu Apr 03 19:28:01 As for spaceX, I'm starting to revise my view on starship. They've cut the payload dramatically, and several of the last launches have failed due to problems they already knew about from the previous failure but couldn't address due to production cycles. They are, essentially, hitting the point where fast iterative learning doesn't work because the build times are too long and it's too hard to change design. To keep their methodology they need to slow down tests; or they need to start to move towards NASA style lab by tests, scaled model tests etc. It's starting to look to independent experts who championed falcon that starship may be a turkey. Fundamentally to heavy and not enough safety margin, and not enough free parameters in its design to find a sweet spot that gives reliable success rates and reusability. And I think they're kinda fundamentally curtailed starlinks market share by weaponising it. Further the model of huge numbers of Leo sats is likely a liability. Recent studies indicate the high rate of satellite re-entries and associated Al compounds aerosolised in the high atmosphere is likely to result in depletion of ozone. I suspect in the medium term this will result in some kind of regulatory or consumer pushback. |
Sam Adams
Member | Thu Apr 03 20:24:34 "Given we are talking Tesla, which produces vehicles that spontaneously catch fire, drive into trailers, lock their drivers in during an accident, aren't deemed roadworthy in many countries and whose latest product is currently subject to recall in its home market due to being glued together with defective glue" The funny thing is this though: after all that its still a superior vehicle to anything made in britain, ever, by far. I'd include the EU too but some of the latest volvos look decent. |
murder
Member | Thu Apr 03 21:33:35 "As for spaceX, I'm starting to revise my view on starship. They've cut the payload dramatically, and several of the last launches have failed due to problems they already knew about from the previous failure but couldn't address due to production cycles." I imagine that they will get that thing into orbit eventually, but I don't see a moon landing in their future. - |
Seb
Member | Fri Apr 04 01:41:11 "A cybertruck is better than a Roles or a Bentley". Sure Sam. Sure. |
Seb
Member | Fri Apr 04 01:44:16 Murder: Probably, but it's going to be well outside the original parameters as a reusable by the sounds of it. Basically the gist of the last good article I read, they are having to sacrifice far too much payload for fuel and at the same time cutting engineering safety margins. |
Seb
Member | Fri Apr 04 03:15:00 I can totally understand how Americans might argue that they have some amazing artisanal cheese or beers. Sam is arguing bud lite and a slice of velveeta is better than a Paulaner or brie de meaux. This says more about his taste and standards. |
williamthebastard
Member | Fri Apr 04 09:41:52 Forbes goes to town on Tesla Tesla Cybertruck Is The Auto Industry’s Biggest Flop In Decades Elon Musk’s polygonal pickup is a polarizing sales flop that's missed the billionaire’s volume goal by a staggering 84%. And there’s no sign that things are improving. The list of famous auto industry flops is long and storied, topped by stinkers like Ford’s Edsel and exploding Pinto and General Motors’s unsightly Pontiac Aztek crossover SUV Elon Musk’s pet project, the dumpster-driving Tesla Cybertruck, now tops that list. After a little over a year at market, sales of the 6,600-pound vehicle, priced from $82,000, are laughably below what Musk predicted. Its lousy reputation for quality–with eight recalls in the past 13 months, the latest for body panels that fall off–and polarizing look made it a punchline for comedians. Judged solely on sales, Musk’s Cybertruck is actually doing a lot worse than Edsel, a name that’s become synonymous with a disastrous product misfire. etc https://www.forbes.com/sites/alanohnsman/2025/04/03/elons-edsel-tesla-cybertruck-is-the-auto-industrys-biggest-flop-in-decades/?utm_medium=social&utm_campaign=socialflowForbesMainFB&utm_source=ForbesMainFacebook |
Sam Adams
Member | Fri Apr 04 09:53:56 "A cybertruck is better than a Roles or a Bentley". Correct. Very obviously so too. British crap is crap. |
Sam Adams
Member | Fri Apr 04 09:59:28 And then compare actually good vehicles, and you can see why no one buys british. A generic toyota SUV is better than your british crap in almost all ways. |
Seb
Member | Fri Apr 04 10:01:19 Sam: Regrettably for you, nobody agrees. Except Elon. |
Forwyn
Member | Fri Apr 04 10:34:33 "Excellent, about bloody time. "European Union regulators are preparing major penalties against Elon Musk’s social media platform X for breaking a landmark law to combat illicit content and disinformation." The "free world" at world. Lmao fucking cucks |
Forwyn
Member | Fri Apr 04 10:34:42 at work* |
williamthebastard
Member | Fri Apr 04 10:39:14 Ah, the utterly perverted US cliche I was expecting where free speech - which was created to allow vulnerable groups to speak to power, not for anonymous trolls to make death threats an every day occurence - has been supplanted by hate speech. Where acts that are illegal even in the USA are suddenly legal if theyre committed online. Good riddance to that civilization-destroying hate mongering |
Sam Adams
Member | Fri Apr 04 10:41:46 "Regrettably for you, nobody agrees." Everyone agrees. Check sales numbers of UK cars. Lol. |
williamthebastard
Member | Fri Apr 04 10:55:21 The american version of free speech: journalists, academics, scientists, universities, corporations, etc. are suddenly afraid of critizing the government, but its fine to walk up to someone and say, hey, nigger, I fucked your mother last night, so watcha gonna do about it? |
Forwyn
Member | Fri Apr 04 10:59:15 "hate speech" Remember kiddos, free speech means seven cops dragging an autistic teenager from her home for saying another cop looks like her "lesbian nana" |
williamthebastard
Member | Fri Apr 04 12:12:18 Elons world is just crashing and I love it! Ukraine switches to Eutelsat, financed by Germany https://www.reuters.com/business/media-telecom/germany-funds-eutelsat-internet-ukraine-musk-tensions-rise-2025-04-04/ |
williamthebastard
Member | Fri Apr 04 12:15:06 Meanwhile, two other European projects underway to remove Starlink from Europe: "GOVSATCOM that brings together national satellites should be ready from the middle of this year, he said. The other is the EU-backed IRIS² project, which is a public-private partnership that is not due to be operational until around 2030." |
williamthebastard
Member | Fri Apr 04 12:32:50 Attempt by a Maga voter who lost all his money on Trump in 3...2... |
williamthebastard
Member | Fri Apr 04 12:33:05 Attempt on Trumps life by a Maga voter who lost all his money on Trump in 3...2... |
williamthebastard
Member | Fri Apr 04 13:27:47 And theyre not the only ones lol... Everyone is after Starlink's hide now. Really enjoyable :) European defense giants eye Starlink alternative within months European defense giant Leonardo hopes to present a satellite alliance with Airbus and Thales within months, the company’s CEO told CNBC, as the continent looks for alternatives to Elon Musk’s Starlink. It comes as some European countries reevaluate alternatives to Space X’s Starlink, a satellite internet service that has played a key role for Ukraine in its war with Russia. Speaking in Rome on Wednesday, Cingolani argued that in “emergency times,” regulations should be more flexible. Pressed on the timeline, he said it would not be years, and months would be “more reasonable. The arrival of Donald Trump in the White House has made Europe realize it cannot rely on the U.S. for defense; last month it announced a package of measures that could ultimately release about 800 billion euros in new defense spending. Some European countries are also reevaluating alternatives to Musk’s Space X’s Starlink, a satellite internet service that has played a key role for Ukraine in its war with Russia. Italy announced last month that it was suspending conversations with Space X over a secure communications system for defense. https://www.cnbc.com/2025/04/03/european-defense-giants-eye-starlink-alternative-within-months.html |
murder
Member | Fri Apr 04 14:32:52 "The "free world" at world. Lmao fucking cucks" "It's communism if you can't spread hate speech, revenge porn, and CSAM!" |
murder
Member | Fri Apr 04 14:39:06 "European defense giant Leonardo hopes to present a satellite alliance with Airbus and Thales within months, the company’s CEO told CNBC, as the continent looks for alternatives to Elon Musk’s Starlink." I bet that has nothing to do with Musk being a Nazi and having shut off Ukraines access to protect Russian forces. - |
williamthebastard
Member | Sat Apr 05 15:15:30 Elon finally speaks up. Opposes Trumps tariffs and wants the US and Europe to be one single market. Lol. I bet he does. He could get into a very dodgy situation here with a bit of luck. Trump could get into a place where he wants to harm him just to feel and show that he's such a powerful guy that he can knock the world's richest man down, and also because riding the wave of hatred against Musk and unloading some blame on could serve Trump. Fingers crossed. |
williamthebastard
Member | Sat Apr 05 15:17:08 He's veering close to the loser precipice and when you do that, Trump likes to push you off the edge and stare into the abyss to watch your body disappear in the dark |
Average Ameriacn
Member | Sat Apr 05 15:35:34 Musk is a traitor!!! If we want to get rid of the income tax then we need much, much higher tariffs. http://www...e-trade-zone-europe-rcna199849 Elon Musk says he wants a 'zero tariff situation' and a 'free trade zone' for Europe amid Trump's trade war In streamed remarks at an event hosted by Italy's right-wing deputy prime minister, Musk said Europe and the U.S. should move to "a zero tariff situation." |
murder
Member | Sat Apr 05 18:17:09 Elon trying to save the European market for Tesla. |
murder
Member | Sat Apr 05 18:17:29 And for SpaceX. |
jergul
large member | Sun Apr 06 03:17:51 He should step down from leading those companies if that is his goal. |
TheChildren
Member | Sun Apr 06 05:30:30 snakes oils wanna 1 market lol... i betcha he does con schemes still runnin, didnt his inna circle friends companies develop da virbranium coatinz...how come they neva sold dat shit |
williamthebastard
Member | Sun Apr 06 06:21:13 https://www.reuters.com/markets/investors-pour-record-11-billion-into-europe-etfs-make-europe-great-again-2025-04-01/ |
williamthebastard
Member | Sun Apr 06 06:23:41 Please delete the 06 06:20:52 post with the long url that makes for uncomfortable reading U.S. investors poured a record $10.6 billion into exchange-traded funds focused on European stocks in the first quarter, seven times the inflows recorded a year earlier, according to data from BlackRock Investors pour record $11 billion into Europe ETFs to 'Make Europe Great Again As U.S. President Donald Trump's tariffs and economic policies fuel uncertainty across markets, European equities have emerged as a bright spot. Tim Seymour, founder and chief investment officer of Seymour Asset Management, dubbed the burgeoning trend Make Europe Great Again, or MEGA. "It's a really massive swing," said Kristy Akullian, head of iShares Investment Strategy at BlackRock. "Europe is deregulating at a faster clip than the U.S. is, the German fiscal announcements were historic," Seymour said, citing the massive spending plans of Friedrich Merz, leader of Germany's conservatives and its likely future chancellor. Defense stocks in particular have drawn investor interest this year, given calls by European leaders for boosting their militaries. https://www.reuters.com/markets/investors-pour-record-11-billion-into-europe-etfs-make-europe-great-again-2025-04-01/ |
williamthebastard
Member | Sun Apr 06 06:28:10 Im snickering at Sam and Rugian having to consider investing in the European arms industry as the world shuns the US arms industry |
murder
Member | Sun Apr 06 10:47:39 "He should step down from leading those companies if that is his goal." I think it's too late for that. The brand damage is done. |
williamthebastard
Member | Sun Apr 06 11:24:55 Much like the US brand. Its a terrible time to sell US stocks but I honestly cant see them rebounding. Its probably not a buyers market for US stocks either. Its probably more likely that they will crash further than regain their value. It seems he will pull off the unthinkable and literally do to the USA what he did to his casinos. |
williamthebastard
Member | Sun Apr 06 11:27:37 if the entire US middle class loses their savings, its only because they were losers. Those with high IQs will not lose, in his and Sams world. |
murder
Member | Sun Apr 06 14:20:02 The market will bounce back as soon as countries start making "deals" with Trump. |
murder
Member | Sun Apr 06 14:21:40 Small businesses will be the ones that pay the price if this clusterfuck lasts a few weeks. |
TheChildren
Member | Mon Apr 07 14:14:07 well well well, HOLDR da door aint soo holdin right now i always suspected UP secretly had there very own fanbase and dicksuckas out here now it is confirmed, dickrider fagmatzo is one of them cucks who believe in vibranium cars that fly 30 min from la to italy or some shit how that workin out 4 u like rlly, despite all da warnings posted here bout scamcity and snakeoils...ur brain must be scrambled eggs |
williamthebastard
Member | Mon Apr 21 12:02:53 Continuing to crash lol Musk caught in ‘code red’ moment at Tesla CNN — Like many American manufacturers, Tesla is caught in a bind thanks to President Donald Trump’s trade war. Unlike most of those other companies, though, Tesla has an added wrinkle – its CEO, Elon Musk, sometimes called the First Buddy for the close relationship he’s cultivated with the president. On Tuesday, Tesla reports earnings; that afternoon, Musk will take questions from investors. But there is a catch-22: If Musk continues his close ties to Trump, the company could alienate potential customers, both at home and overseas, who dislike Trump’s policies. If he distances himself from Trump, though, he risks the ire of the White House. It’s a lose-lose situation, and it’s a trap of Musk’s own making. “It’s turned into a nightmare for Tesla and for investors,” Ives told CNN. “The tariffs, the DOGE controversies, the brand damage — it’s been a perfect storm.” http://edi...esla-investors-call/index.html |
williamthebastard
Member | Mon Apr 21 16:05:51 -5,7%. Lol |
williamthebastard
Member | Mon Apr 21 16:11:38 "Tesla stock has plummeted 50% from its record high and market share losses have accelerated as Musk's involvement in politics has created a "brand crisis" for the company, according to equity analyst Dan Ives at Wedbush Securities. Importantly, Ives has consistently been one the biggest Tesla bulls on Wall Street." |
williamthebastard
Member | Tue Apr 22 19:32:03 Holy hell Tesla’s net income slid 71% in the first quarter http://www...2025-f7120a39?mod=hp_lead_pos1 |
murder
Member | Tue Apr 22 21:53:27 And so of course their stock goes up. lol :o) |
murder
Member | Wed Apr 23 00:13:20 This is how genius Elon is. He's going to save the environment by becoming a nazi, alienating all his tree hugging leftist buyers who will now buy other EVs, and forcing MAGA to buy Tesla's to save his company and own the libs. Everyone will be driving EVs soon. :o) - |
murder
Member | Wed Apr 23 06:17:00 Great news! Tesla is going to begin production on affordable EVs in just two months. Inexpensive EVs launching right in the middle of a tariff war. I'm sure the news isn't bullshit. |
murder
Member | Wed Apr 23 07:59:54 Apparently the affordable EV is just a stripped down Model Y ... which makes you wonder why its taken years to bring to market. It doesn't seem to make a lot of sense. I'd expect an affordable EV to be a two seat compact. |
williamthebastard
Member | Wed Apr 23 08:08:18 1 Million People Reserved a Tesla Cybertruck. In the End, Only 5% Actually Meant It. http://www...64516018/cybertruck-sales-bad/ lol |
Sam Adams
Member | Wed Apr 23 08:32:08 "to be a two seat compact." No one buys those though even they are cheap. This is 2025. We have standards. Literally safety standards that micro cars always fail. |
Pillz
Member | Wed Apr 23 08:34:17 I am too lazy to find more examples, but as a general rule conversions in the video game industry are terrible. This is a built in result of the mechanism. It is more marketing than anything else. Which would obviously be in line with the consistent representation of Musk that murder, for example makes, but you're too dumb. Revealed: new data on Steam ‘wishlist conversions’ & the hit-driven market Simon Carless Dec 03, 2024 The median ‘conversion’, at 10.5% for Week 1, is lower than we’d hoped: we can’t tell you easily if it’s decreased over time, but GDCo’s Revenue Predictor, based on Fellow Traveller’s spreadsheet, is using 20% for Month 1. This would be closer to 13-14% median for Month 1. (Maybe FT just makes better converting games, too.) The consequences for being outside the median escalate quickly: this has always been the case. But the above graph shows it more clearly than before. Being in the 25th percentile (so ~90th ranked out of 120 games in August, not that far out) gets you ‘only’ a 4.8% conversion rate. 10th percentile is just 1.9% conversion, ouch. The high-end ‘good-converting’ games are few and far between: best case scenarios like Warhammer 40,000: Space Marine 2 - a ton of wishlists and also converted well - approach 100% ‘conversion*’. (*Not really conversion, since some of the sales are from wishlists, and some are organic.) But there’s only 15-30 games per month with >50% conversion, and a number of those had only 10k-ish wishlists. To give you more context from the document, here’s what we identified as the top-converting Steam games from October 2024: It’s a really motley crew, and seems to be a combination of the following: Big-name franchises that were slightly under-wishlisted compared to overall interest: and were also well-executed, of course: Dragon Ball Sparking! Zero, Dragon Age: The Veilguard, and Romancing SaGa 2 among them. Games that genuinely went viral with streamers just after release: multiple, generally less expensive to make/buy examples, including Liar’s Bar, Karate Survivor, and Storage Hunter Simulator. Unpredictable ‘surprise’ hits: we probably should have guessed, given how beloved it is in the U.S., but the Backyard Baseball ‘97 reissue did great! (And wasn’t the style of game that people would necessarily wishlist beforehand.) Some of the questions you may be asking now are: why are you doing this to me? Have wishlists become more ‘useless’ over time? Why don’t we just all go sit in a hole in the ground? So: we think possibly (very possibly!) wishlist conversions for new games have gone down. But a lot of it is simply the lens you are looking through. If you use an opt-in survey, you’ll get nicer answers. If you limit minimum sales numbers differently and use older dates too, you’ll get nicer answers. (Our estimates will also not be perfect.) And look, we know the market for new games is a tough one, with so many great older ones either a) being heavily discounted or b) retaining an audience. Look at Hearts Of Iron IV, which just hit a record 93,000+ Steam CCU, eight years after release, as Paradox re-invests in ‘evergreens’. So to win, you need a chunk of back catalog, and you need some bets on new hits. And boy, if you get that hit, you can really clean up. We have the Top 5 new Steam games in 2024 grossing, wait for it, $2.22 billion. (That’s Black Myth, Helldivers 2, Palworld, Space Marine 2, and Dragon’s Dogma 2.) Yes: all this new revenue is hit-driven - that’s what the data above really says. So we should all be realistic about that. How The Cabin Factory went viral - 3x - on reveal! The folks at Future Friends Games & International Cat Studios just had a nice viral moment with the announce of their horror game The Cabin Factory, and FFG’s Thomas Reisenegger has a post up describing what happened. It’s actually a great case study on the effects of Twitter and TikTok on the most viral ideas, because it “was announced almost exclusively via social media, with some minimal press coverage and Reddit test ads on top.” Here’s what Thomas noted: There were three separate ‘viral moments’ around the reveal trailer: on Nov. 13th, the viral announce Tweet (3m views, 63k likes, 4.5k shares), then on Nov 14th, a similarly hot TikTok (1.4m views, 213k likes, 63k shares), and a different viral TikTok on Nov 16th (1.2m views, 122k likes, 15k shares). This led to 20,000 Steam wishlists in 10 days: also, 6k followers on TikTok and 900 followers on X got added. Thomas notes: “the original [Twitter/X] post did not include the Steam link or studio profile but only the follow-up post… that will have lowered conversion”, but with marketing-y links it might not have trended. Why successful? The hook’s the thing: Thomas highlighted the “super strong and clear game pitch (you inspect cabins and need to report if they are haunted or not)… short kick-ass trailer by Owen T… popular and trendy genre (3D horror game)… posts look natural (short, no links)”, and, uhh, luck! Here’s the Steam back-end wishlist graph, so you can see the impressive effects from the viral trailer: When we originally saw this game’s trailer go viral, we also felt like the concept was standout - some Cabin In The Woods vibes, even? Obviously, there’s now player expectations over how they feel the game should play. But interested players you have to manage expectations with? It’s way better than no interest at all… Q: Nov. 2024’s most-watched streaming games? Yes, once again livestream analytics platform Stream Hatchet - which looks at all the major (non-China) game streaming platforms from Twitch on down - has provided us with basic Top 100 data for the previous month. (We loves it, we does.) So, as per usual, here’s the full ‘Top 100’ for November (Google doc). The top games tend to stick around near the apex of the charts - you’ll always see LoL, GTA, Minecraft, Fortnite, Valorant, and Counter-Strike up there. But interesting changes: Call Of Duty: Black Ops 6 and World Of Warcraft both had good months: We’d expect Black Ops 6 (#7, 56 million hours watched) to pick up interest in November, since it had an Oct. 25th release date, but World Of Warcraft (#8, 55m hours) also did great, thanks to the 20th anniversary celebrations for the popular MMO. S.T.A.L.K.E.R. 2 was the highest new entry, at 20m hours watched: we discussed how GSC’s post-apoc survival game did great, despite launch ‘anomalies’ galore. And #19 and 20.6m hours watched is very good, given it launched on Nov. 20th. Rust and Teamfight Tactics also saw interest double, month on month: brutal sandbox game Rust (#17, 24.3m hours) does a server wipe every November, leading to a scramble for new territory. And Riot’s mobile-first Teamfight Tactics (#16, 25m hours) had new characters from Arcane playable in-game. http://new...led-new-data-on-steam-wishlist |
williamthebastard
Member | Wed Apr 23 08:42:46 "And so of course their stock goes up. lol :o)" Well, its down from 479 to 237...minor blips on the way down arent worth much |
Pillz
Member | Wed Apr 23 08:50:34 Musks approach to Twitter/X could be applied directly or in principle to the auto industry. VW and Stellantis are all totally failing at EV sales. |
Pillz
Member | Wed Apr 23 08:50:52 Ford, also, failing at EV sales. |
jergul
large member | Wed Apr 23 08:51:18 I think we should ask Ponzi why large institutional investors continue to underpin tesla. |
jergul
large member | Wed Apr 23 08:53:09 For the record, any stock that is doing better than P/E of 17 has elements of a Ponzi to it. |
williamthebastard
Member | Wed Apr 23 08:54:40 Its been obvious for a long time that tesla stock is purely a speculative stock, a gamble completely unrelated to the companys worth |
williamthebastard
Member | Wed Apr 23 08:56:50 Which is an aberrative abuse of why the stock market was created |
Pillz
Member | Wed Apr 23 09:00:55 Think: Intel Inside Samsung/xyx 'powered by android' (Google) Apple's 'designed in California' Don't count him out yet, is what I'm saying. |
murder
Member | Wed Apr 23 09:26:08 "Its been obvious for a long time that tesla stock is purely a speculative stock, a gamble completely unrelated to the companys worth" It's pure greater fool theory. |
williamthebastard
Member | Wed Apr 23 09:58:15 Although, greater fool theory is driven by people believing in the product. In Teslas case, it feels more like a completely cynical ponzie game being driven by investors who know its a piece of shit but as long as the ElRon hype remains in some circles, theyre selling the hype rather than the product. |
williamthebastard
Member | Wed Apr 23 10:06:08 This is more like Trump NFTs, utterly divorced from any physical value |
Average Ameriacn
Member | Wed Apr 23 10:15:48 I heard that Tesla will soon show us their first guzzler and they will call it the Trump 900. I may buy that. |
murder
Member | Wed Apr 23 10:25:06 The Trump 900 will burn coal, not gasoline. |
williamthebastard
Member | Wed Apr 23 16:45:55 So Tesla lost more than 71% in profit. They would actually have made a loss if they hadnt sold off carbon credits |
williamthebastard
Member | Wed Apr 23 16:47:52 They made less than 0% profit on car manufacturing, they in fact paid to manufacture cars. |
Pillz
Member | Wed Apr 23 16:48:57 Stop running http://uto...hread=93693&time=1745409095182 http://utopiaforums.com/boardthread?id=politics&thread=94358&time=1745419191746 http://utopiaforums.com/boardthread?id=politics&thread=94369&time=1745444548157 http://utopiaforums.com/boardthread?id=politics&thread=94368&time=1745441583087 https://open.spotify.com/track/6Ku9hzYO9Qxpgz5QvkW573?si=MO-G9tO_RuGNT_lB0r17gA https://open.spotify.com/track/6Ku9hzYO9Qxpgz5QvkW573?si=b46XNbPKQyOF1F2kYY222g |
williamthebastard
Member | Wed Apr 23 16:54:28 A load of his loans were granted based on and are tied to Tesla stock. If Tesla stock tanks and reaches normal values all his loans are in deep shit. So Tesla stock tanking would mean very serious problems for ElRon |
williamthebastard
Member | Thu Apr 24 17:24:14 Tesla lying about their sales A single dealership in Quebec City claimed that it had sold more than 4,000 EVs in a single weekend, asking for over $13 million in public subsidies As experts have since pointed out, there's a good chance the EV maker heavily fudged the numbers four Tesla-run showrooms claimed a total of 8,653 EV sales in just 72 hours and asked for almost $30 million in rebates. "Tesla had a run on the bank," Canadian Automobile Dealers Association spokesperson Huw Williams told the Star. "Somehow, Tesla gamed the system. What we can’t figure out is how this could have happened without setting off alarm bells." The number of sales, in particular, appeared extremely suspicious to officials. Many of the showrooms can't physically hold even a fraction of the number of cars they claimed to have sold in less than a day, as the newspaper reports. https://futurism.com/tesla-sales-numbers-canada |
williamthebastard
Member | Thu Apr 24 18:23:10 So, the two reasons for lying like that are 1) to lie to his shareholders, lenders and investors about his catastrophic sales, and 2) even more nefariously, to scam taxpayers money in govt. credits |
pillz
Member | Thu Apr 24 18:24:58 http://www...hread=94375&time=1745536606798 stop running faggot |
murder
Member | Fri Apr 25 09:54:49 Tesla shares are up > 20% in the past 5 days ... because of course they are. - |
williamthebastard
Member | Fri Apr 25 10:22:17 The worlds richest man is scamming tax payers who live from paycheck to paycheck out of their taxes with fake sales to earn credits. Owning everything in the world, owning every single coin, banknote and property in the world would still not fill him up, because he is an abyss without any bottom. You can never fill a black hole that has no bottom. |
Pillz
Member | Fri Apr 25 10:25:57 Stop running - denounce your racist and fascist ideologies |
williamthebastard
Member | Fri Apr 25 12:30:54 murder Member Fri Apr 25 09:54:49 Tesla shares are up > 20% in the past 5 days ... because of course they are. Its completely un-capitalistic abuse of the stock market, which was created to help companies increase production and employment. This is scamming the stock market into pouring money into failing companies that are losing production and employment opportunities. This fits much, much more into Stalinistic than Adam Smith economics. "More alarming is that automotive revenue dropped 20%, meaning it sold fewer vehicles and charged less for them. The entirety of its $409 million profit came from regulatory credits — free money it gets from other automakers to comply with pollution rules in the U.S., California and the EU. Without the $595 million in credits Tesla sold in the quarter––it would have posted a net loss." http://www...ng-out-of-ideas-to-save-tesla/ |
williamthebastard
Member | Fri Apr 25 12:44:32 I mean, obviously, thats not why the stock market was really created, it was created to make the rulers even richer, but the side effect used to be that increased production == increased jobs. This is no longer the case, of course, in times of maximized scalability and robots. (Yes, I know: low information bots like Incel Boi were spouting idiocy about how AI will not diminish employment just a couple of years ago but will create NEW jobs instead, but I think even this stupidest rung in society has started to give up on that comical delusion) |
show deleted posts |
![]() |