Tesla May Pay $0 in Federal Taxes This Year, According to Its Financial Filings

Tesla will likely owe $0 in federal income taxes this year, despite reporting billions of dollars of profits to its shareholders for 2021, according to recent Securities and Exchange Commission (SEC) filings. As first reported by CNN, Tesla has said that its U.S. operations lost $130 million pre-taxes – meaning that the company will likely be able to avoid paying federal income taxes on its record profits of $5.5 billion that it reported to shareholders for 2021. The company, which is valued at over $900 billion, claimed that its profits came from overseas, even though 45 percent of its revenue…

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