Today’s Slice of Bread for Wednesday, January 3, 2024

According to various sources, Tesla delivered 485,000 vehicles in the fourth quarter of 2023, resulting in 1.8 million deliveries for the year. This beat estimates and marked a new record for Tesla’s quarterly deliveries. How does Tesla’s fourth-quarter delivery performance compare to previous quarters, and what factors might have contributed to this achievement? What implications do Tesla’s record-breaking delivery numbers have for the electric vehicle industry as a whole, and what challenges might arise from maintaining this level of growth in the future?

According to CNBC, Apple shares experienced a 3% decline following a downgrade by Barclays, which also reduced its price target. The downgrade was primarily influenced by weakening sales of the iPhone 15, which Barclays views as a potential warning for iPhone 16 sales and overall hardware projections. What were the key factors that led to Barclays downgrading Apple stock? How has regulatory scrutiny affected the performance of Apple’s services business, and what potential impacts might be anticipated in the future?

Bitcoin experienced a significant rally in 2023, with its price increasing by about 152% throughout the year. How does the “halving” event impact the supply and potential price of bitcoin, and why is it considered a critical factor in predicting bitcoin’s price in 2024? What role can the approval of a bitcoin ETF play in influencing bitcoin’s price, and how might it address concerns related to price manipulation and market volatility?

*Click on the “Slice” icon to read the full article. After you read it, come back and tell us your thoughts.