07:39 AM EDT, 04/20/2026 (MT Newswires) -- Tesla (TSLA) likely transferred $18 billion in profits to international units to reduce its domestic tax obligations by at least $400 million, Reuters reported Monday, citing corporate filings and tax specialists.

The electric vehicle manufacturer used units in the Netherlands and Singapore as financial conduits by assigning them overseas intellectual property rights, the news outlet reported, citing former US Treasury official Stephen Shay and other tax experts.

The untaxed overseas profits generated in recent years would likely otherwise have been subject to US taxes, the publication reported, citing a review of global corporate documents.

A recent regulatory disclosure reportedly indicates the automaker may have altered this financial structure, as the company reported that more than 90% of its global profits in 2025 were generated domestically, according to the report.

Tesla did not immediately respond to MT Newswires'request for comment.

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