XML 39 R26.htm IDEA: XBRL DOCUMENT v3.23.4
Segment Reporting and Information about Geographic Areas
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Reporting and Information about Geographic Areas Segment Reporting and Information about Geographic Areas
We have two operating and reportable segments: (i) automotive and (ii) energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment is also comprised of services and other, which includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid Supercharging, vehicle insurance revenue and retail merchandise. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Our CODM does not evaluate operating segments using asset or liability information. The following table presents revenues and gross profit by reportable segment (in millions):
Year Ended December 31,
202320222021
Automotive segment  
Revenues$90,738 $77,553 $51,034 
Gross profit$16,519 $20,565 $13,735 
Energy generation and storage segment  
Revenues$6,035 $3,909 $2,789 
Gross profit$1,141 $288 $(129)
The following table presents revenues by geographic area based on the sales location of our products (in millions):
Year Ended December 31,
202320222021
United States$45,235 $40,553 $23,973 
China21,745 18,145 13,844 
Other international29,793 22,764 16,006 
Total$96,773 $81,462 $53,823 
The following table presents long-lived assets by geographic area (in millions):
December 31,
2023		December 31,
2022
United States$26,629 $21,667 
Germany4,258 3,547 
China2,820 2,978 
Other international1,247 845 
Total$34,954 $29,037 
The following table presents inventory by reportable segment (in millions):
December 31,
2023		December 31,
2022
Automotive$11,139 $10,996 
Energy generation and storage2,487 1,843 
Total$13,626 $12,839