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This is a non-story (except for the continuing fact that the way stock options are taxed is bullshit, and that Elmo's tax breaks should be extra scrutinized due to his suspiciously close relationship with the administration).
Tesla not paying taxes is a good thing, because it means they're losing buckets of money from people not buying their trash cars.
Tesla's revenue being 4 billion or 10 trillion doesn't matter if their expenses exceed that income - you don't pay taxes on your business either if your business expenses exceed your revenue, and you can carry forward your own losses to future tax years as well.
And accelerated depreciation is perfectly consistent with GAAP as long as you're consistent with your reporting - it just means you get more of a tax benefit on depreciation in the short-term and lose out on that benefit in the long-term.
Hate to break it to you but the reason Tesla is paying $0 isn’t its expenses being higher than its revenue.
I mean... I take issue with the tax code being that personally. Idgaf if your company loses money or not- you pay taxes. It's not the problem of society to make sure your company can write off a bad year. If you fail, you fail. American taxpayers shouldn't be footing the bill for failing businesses or creative businesses.
Nobody understands the difference between revenue and profit, and the “Elon bad” crowd doesnt want to hear it anyway.
This is a simple circle jerk.
You know if you post this on twitter you can tag musk on it directly.