Tesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income

Tesla Paid Zero Federal Income Tax in 2024, Despite $2.3 Billion in Income



by yogthos

4 comments
  1. I mean their income dropped by a billion dollars why is this at all interesting

  2. Timing differences due to accelerated depreciation. This will reverse itself and there will be a day where book income is higher than taxable income

  3. The way I look at this story is, it’s a little too Elan, because the situation is per Citizens United (Insert company name here) gets financial free lunch. I doubt that Tesla is the only corporation lined up at the trough.

    I don’t see this kind of stuff stopping so long as we restrict ourselves to two political choices.

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