Today’s Slice of Bread for Wednesday, April 3, 2024
Following an 8.5% drop in deliveries from the previous year, Tesla shares declined. What factors might have contributed to the decrease in Tesla’s deliveries, and how does the company plan to address any challenges in maintaining its delivery numbers moving forward? Additionally, how are investors reacting to this decline in deliveries, and what are their expectations regarding Tesla’s future performance in the market? 
Bitcoin experiences a $5,000 decline within 24 hours due to rising interest rates. What factors led to the sudden drop in Bitcoin’s value, and how does the increase in interest rates correlate with the cryptocurrency market’s volatility? How are investors responding to this significant decrease in Bitcoin’s price, and what are their predictions or strategies for navigating the market amid fluctuating interest rates?
Japan greenlights an additional $3.9 billion subsidy for chip firm Rapidus to fulfill semiconductor objectives. What specific goals does Japan aim to achieve through this substantial subsidy increase, and how does it support the country’s broader strategy for semiconductor development and supply chain resilience? Additionally, how might this influx of subsidies impact Rapidus’ capabilities and competitiveness in the global semiconductor market, and what innovations or advancements can be expected due to this investment?
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