Tesla Inc. surprisingly showed third quarter of positive earnings in whole company's history, Bloomberg reports.

Profit and cash demonstrated by Elon Musk's company caused stock growth to the levels last seen in the middle of August, when the company's management informed about possible privatization.

It seems that investors are starting changing opinion about auto producer that had been showing losses recently, even though the company is still far from such producers as Toyota Motor Corp. or BMW AG.

Tesla reported net income $2,90 per share, even though analytics forecasted small losses. Net cash flow was $881 million. The company finally was able to stabilize production of Model 3, demand for which is quite high.

Forecasts of analytics in regards to Tesla's future are optimistic. Moreover, the company is planning to start selling Model 3 in Europe next year.