PUBLIC WARNED OVER CONTAINERS LOST OFF DUTCH COAST

according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority.

It’ll be a few weeks before Tesla confirms whether it was profitable for a second consecutive quarter. But the company’s ability to sustain a higher level of production — it built 61,394 Model 3s and 86,555 vehicles total in the last three months — will go a long way toward that goal.

Musk said in October that Tesla turning its attention to filling Model 3 orders in Europe and China early this year would help pick up any slack in demand once U.S. buyers lose the full $7,500 federal tax credit. But customers in those markets have several weeks to wait, with the company now saying those deliveries will start in February.

Tesla fell just short of its target to deliver 100,000 of its more expensive Model S and Model X vehicles for the year, selling 99,394 units. Still, James Albertine, an analyst at Consumer Edge Research, said Wednesday’s sell-off represented an overreaction.

“The optics of this decision are weighing on shares, which is not surprising,” Albertine, who has the equivalent of a hold rating on Tesla shares, wrote in a note to clients. “To us, demand is not an issue, nor is EV competition to this point.” Dutch authorities are warning the public to stay away from some of the 270 containers that a cargo ship lost off the northern coast of the Netherlands because they contained a hazardous chemical. The Dutch coast guard said three containers carried closed-off barrelsofanorganicperoxide,aflammableand highly toxic compound. The container ship is suspected to have lost cargo that included