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Elon Musk's US tax bill: $11B. Tesla's: $0
- hindsightbias 5y agoAlways innovative how they find a way to complain about Elon.
- youngkin 5y ago
- YaBomm 5y ago
- s1artibartfast 5y agoSay what you want about international tax havens, but there is nothing sinister about operating loss carry-forwards. It makes perfect sense to tax based on incremental net profit.
- sidibe 5y agoYeah the only weird thing here is how much Tesla keeps giving Elon.
- s1artibartfast 5y agoWhat do you mean by Tesla giving Elon? What did I miss?
- sidibe 5y agoHe has these taxes because of his historically huge compensation plan. Can't find it but I've read somewhere the amount they've given him is on the same order of total revenue Tesla has made.
- s1artibartfast 5y agoI see. That is caused by a prenegotiated comp plan and Teslas insane valuation as a meme stock relative to its profit. I'm sure there is some shareholder regret, but they made out like bandits too Here is some info: https://www.google.com/amp/s/electrek.co/2021/05/03/elon-musk-tesla-compensation-could-reach-30-billion/amp/ https://www.google.com/amp/s/electrek.co/2021/05/03/elon-mus...