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

Tesla posted a surprise third-quarter profit two weeks ago. But UBS says the strong quarter was helped by 'some unexpected help.'

  • 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 maker disclosed on Friday that its credits sales were $189.5 million in total.

Tesla surged two weeks ago when it posted a surprise third-quarter profit, with shares up as much as 20%. But UBS said the strong quarter was in part thanks to "some unexpected help."

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