05-11-2018 19:43 via feedproxy.google.com

Tesla had 'some unexpected help' when it delivered a surprise Q3 profit, UBS says (TSLA)

Tesla reported a surprise third-quarter profit two weeks ago, sending shares up as much as 20%.
But new details show that the company's record profit was boosted by credit sales, which the company earned by producing clean energy products, UBS says.
The electric-car manufacturer disclosed on Friday that its credits sales were $189.5 million in total.
Watch Tesla trade in real time here.
Tesla surged two weeks ago when it posted a surprise third-quarter profit, with shares up as mu
Read more »