How much federal income tax will Elon Musk’s Tesla pay on $5.7 billion in 2025 revenue? $0
The Trump administration and Republicans in Congress “have allowed a hugely profitable corporation to avoid paying even a dime of federal income tax on their 2025 US profits.”
Tesla, the electric car company led by former Trump administration special government employee Elon Musk, released its annual financial report Thursday, showing that it doubled its yearly income in 2025 over the previous year and brought in $5.7 billion.
The company, whose CEO spent several months rooting out what he claimed was fraud and waste across the federal government, reported “precisely zero current federal income tax” on the billions it made, according to an analysis by the Institute on Taxation and Economic Policy (ITEP).
The group explained that Tesla used........
