Elon Musk Forced to Explain Why Tesla Did Not Pay Any Federal Taxes for 5 Years Despite Making $6.7 Billion in Profits – Musk Says, “Tesla Losses Were High for Many Years, So Carry Forward”

It's called 'gaming the system'. Those whom write the rules so that they can 'game' it. Basically, legal criminals, as Bugsey Siegel would explain.

Using what the IRS has given us….like Trump, Clinton, Obama…..all of them. That is why reform is needed

I'm all for Trump but I bet now that Elon Musk has got his hands into the federal government he won't pay taxes for another 15 years or so. Yes tax reform is needed! The rich get richer but me being a blue collared worker I suffer the butt end of the joke. I'm a single income family of four my wife went through massive cancer and she is unable to work but she cannot even get Social Security. In the meantime Elon Musk enjoys his life of luxury.

I just had to set up a payment plan with the IRS to pay my taxes for 2024. While this unelected scumbag runs amok through the Treasury and other government agencies. When will members of the GOP in the House and Senate grow backbones and rein in this clown and the convicted felon president?

No mention of GM or Ford? Just a straight up Democrat attack. How much were you paid to write a hit piece?

How does Melanie know what Tesla paid or didn’t pay without see the tax returns and supporting details? More ignorance and propaganda. Have the legislators change the tax code. Don’t blame those who follow it.

Thanks for jumping on the MSM bandwagon so that I knew to block you from my news feed. Do you have purple hair, Melanie?

He knows that taxes are voluntary and anyone that's been on the internet knows that taxes are voluntary and the irs director himself tells you that taxes are voluntary 3 times in 2 minutes. (Just search in youtube for "Steven Miller IRS Director admits taxes are voluntary and look for the video under 3 minutes long)

Anyone with a business can expense down to zero tax. The wealthy know this and so should you.

When a billionaire says we need tax reform, what he means is that we need more loopholes for his activities and that peasants should pay more.

Soo if he is using the tax loopholes he is not supposed to suggest that tax reform is needed and just quietly keep abusing the system? Would that be better? :)

Imo companies just do what is legally possible to increase their profit margins, if those actions are fishy, new laws are needed :) and it's a good thing when someone points it out regardless if they are using the loopholes

Maybe this is the type of tax reform he's talking about? As far as I know- and I'm assuming Tesla legally avoided paying taxes- they worked the tax code so they could avoid paying these taxes legally.

When was the last time anyone voluntarily paid extra taxes? Didn't they pay what the law requires? I haven't seen any articles about Tesla committing tax fraud.

How the living f... can Musk claim losses from everywhere allows his company to pay ZERO taxes. Why doesn't the richest man in the world take oh just say $250,000,000 and pay off his tax debt to the country he immigrated to..oh I forgot he payed his debt to the other tax evader DJT...never mind

Yeah so do any other business owners get to carry over their losses or is it just the biggest tax cheats in the country. This is the opposite of meritocracy its the federal government deciding who wins.

Ellon Musk is not only a hypocrite; he is also an opportunist who maintains public and private ties to the Chinese Communist Party. He will add to the downfall of Donald Trump.

Yeah, it was Elon who wrote the tax code over the last 250 years. Everyone knows that. It's definitely his fault that abiding by it makes lunatics even nuttier.

It is extremely easy to comment and quickly judge, based on just some data.
Please research the previous 7 years as well, so we can put it in a different context.
We are not all tax attorneys or professionals, so we don't know the tax laws, where all the profits are coming t, as the company conducts business all over the world, does the article states if taxes in other countries are being paid and how much?
Too easy, too quick to judge and point fingers without due diligence....

Elon like Trump above the law , do not need to pay federal taxes, let the working class pay a fair share