Senator Elizabeth Warren (D-Mass.) isn't holding back her frustration with Tesla Inc. (TSLA) and its approach to federal taxes. In a social media post on Monday, she called out the electric vehicle maker for paying exactly zero dollars in federal income taxes in 2025. "Does that seem fair to you?" Warren asked, sharing an image showing Tesla's "$0.00" federal tax bill.
Elizabeth Warren Calls Out Tesla For Paying Zero Federal Income Tax In 2025

Get Meta Platforms Inc - Class A Alerts
Weekly insights + SMS alerts
The Numbers Behind The Outrage
Warren's not just throwing around accusations. The Institute on Taxation and Economic Policy, a Washington-based nonprofit, released a report on January 29 backing up her claims with Tesla's own financial data. According to the report, Tesla received over $1.1 billion in federal income tax breaks last year.
The organization found that the Tesla (TSLA) paid "precisely zero" in current income taxes. When you zoom out to a three-year view, things don't look much better. The company paid $48 million in taxes on $12.58 billion in U.S. income over that period. Tesla did pay over $28 million in cash taxes to the government in 2025, but those payments could be related to tax years before 2025, according to the report.
Musk's Tax Claims And California's Wealth Tax Debate
Meanwhile, Elon Musk has previously claimed that his personal tax payments were so massive they actually "broke" the Internal Revenue Service's system because there were "too many digits." That's quite a different picture from what Warren's highlighting about his company.
The timing of Warren's criticism is interesting. California is currently dealing with a proposed one-time 5% wealth tax that's gathering signatures—over 900,000 so far. The tax would apply to individuals with net worths above $1 billion. Governor Gavin Newsom (D) has already expressed concerns about the legislation, saying it doesn't make sense.
Following The Billionaire Migration
As California debates taxing its wealthiest residents, some billionaires are apparently voting with their feet. Meta Platforms Inc. (META) CEO Mark Zuckerberg has reportedly purchased a mansion in Florida's Indian Creek area, often called the "billionaire bunker." Florida's appeal is pretty straightforward: it offers zero state income tax for ultra-high net worth individuals.
Tesla (TSLA) shares gained 0.09% to close at $417.44 on February 13.
More News

Microsoft and Stellantis Are Building 100 AI Tools for Your Car. Here's What That Means.
Circle April 20th on your calendar

Schwab's Record Quarter Meets Crypto Rollout, But Stock Takes a Dive

PayPal's Rough Ride: Lawsuits, Scrapped Targets, and a Venmo Bright Spot

A Senator's Magnificent Seven Shopping Spree: Why He's Betting on Microsoft and Nvidia in 2026

Trump's Executive Order 14330: What Wall Street Doesn't Want You to Know

Navitas Semiconductor Stock Surges 13% After Adding Broadcom Veteran to Board

TotalEnergies Stock Jumps on Strong First-Quarter Forecast
Get Meta Platforms Inc - Class A Alerts
Real-time alerts on price moves, news, and trading opportunities.
Join 20,000+ investors. No spam, ever.
Featured Articles
View all news
Microsoft and Stellantis Are Building 100 AI Tools for Your Car. Here's What That Means.

Trump's Executive Order 14330: What Wall Street Doesn't Want You to Know (Ad)

Schwab's Record Quarter Meets Crypto Rollout, But Stock Takes a Dive

PayPal's Rough Ride: Lawsuits, Scrapped Targets, and a Venmo Bright Spot

A Senator's Magnificent Seven Shopping Spree: Why He's Betting on Microsoft and Nvidia in 2026
Mar-a-Lago Bombshell (Ad)

Navitas Semiconductor Stock Surges 13% After Adding Broadcom Veteran to Board





