Elizabeth Warren Slams Elon Musk's Tesla For Paying $0 In Federal Income Taxes: 'Does That Seem Fair…' - Tesla (NASDAQ:TSLA)
TeslaTesla(US:TSLA) Benzinga·2026-02-17 04:17

Core Viewpoint - Senator Elizabeth Warren criticized Tesla Inc. for not paying any federal income taxes in 2025, questioning the fairness of this situation [1][2]. Group 1: Taxation Issues - Tesla reportedly paid "$0.00" in federal income taxes for the year 2025, as highlighted by Warren in her social media post [2]. - The Institute on Taxation and Economic Policy reported that Tesla received over $1.1 billion in federal income tax breaks and paid "precisely zero" in current income taxes [3][4]. - Over a three-year period, Tesla paid $48 million in taxes on a reported $12.58 billion U.S. income, with $28 million in cash taxes paid in 2025 potentially related to prior tax years [4]. Group 2: Elon Musk's Comments - Elon Musk claimed that the amount of taxes he paid in a year "broke" the IRS system due to the high number of digits involved [5]. Group 3: Market Performance - Tesla's stock showed a slight increase of 0.09%, closing at $417.44 on February 13 [5].