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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue by Major Source
The following table disaggregates our revenue by major source (in millions):
Year Ended December 31,
202320222021
Automotive sales$78,509 $67,210 $44,125 
Automotive regulatory credits1,790 1,776 1,465 
Energy generation and storage sales5,515 3,376 2,279 
Services and other8,319 6,091 3,802 
Total revenues from sales and services94,133 78,453 51,671 
Automotive leasing2,120 2,476 1,642 
Energy generation and storage leasing520 533 510 
Total revenues$96,773 $81,462 $53,823 
Schedule of Deferred Revenue Activity
Deferred revenue related to the access to our FSD Capability features and their ongoing maintenance, internet connectivity, free Supercharging programs and over-the-air software updates primarily on automotive sales consisted of the following (in millions):
Year Ended December 31,
20232022
Deferred revenue— beginning of period$2,913 $2,382 
Additions1,201 1,178 
Net changes in liability for pre-existing contracts17 (67)
Revenue recognized(595)(580)
Deferred revenue— end of period$3,536 $2,913 
Schedule of Reconciliation of Net Income Used in Computing Basic and Diluted Net Income Per Share of Common Stock and Basic to Diluted Weighted Average Shares Used in Computing Net Income Per Share of Common Stock
The following table presents the reconciliation of net income attributable to common stockholders to net income used in computing basic and diluted net income per share of common stock (in millions):
Year Ended December 31,
202320222021
Net income attributable to common stockholders$14,997 $12,556 $5,519 
Less: Buy-out of noncontrolling interest(2)(27)(5)
Net income used in computing basic net income per share of common stock14,999 12,583 5,524 
Less: Dilutive convertible debt— (1)(9)
Net income used in computing diluted net income per share of common stock$14,999 $12,584 $5,533 
The following table presents the reconciliation of basic to diluted weighted average shares used in computing net income per share of common stock attributable to common stockholders (in millions):
Year Ended December 31,
202320222021
Weighted average shares used in computing net income per share of common stock, basic3,1743,1302,959
Add:
Stock-based awards298310292
Convertible senior notes2329
Warrants1132106
Weighted average shares used in computing net income per share of common stock, diluted3,4853,4753,386
Schedule of Potentially Dilutive Shares that were Excluded from Computation of Diluted Net Income per Share of Common Stock
The following table presents the potentially dilutive shares that were excluded from the computation of diluted net income per share of common stock attributable to common stockholders, because their effect was anti-dilutive (in millions):
Year Ended December 31,
202320222021
Stock-based awards1241
Schedule of Cash and Cash Equivalents and Restricted Cash
Our total cash and cash equivalents and restricted cash, as presented in the consolidated statements of cash flows, was as follows (in millions):
December 31,
2023		December 31,
2022		December 31,
2021
Cash and cash equivalents$16,398 $16,253 $17,576 
Restricted cash included in prepaid expenses and other current assets543 294 345 
Restricted cash included in other non-current assets248 377 223 
Total as presented in the consolidated statements of cash flows$17,189 $16,924 $18,144 
Estimated Useful Lives of Respective Assets
Depreciation and amortization is calculated using the straight-line method over the estimated useful lives of the respective assets, as follows:
Solar energy systems in service
30 to 35 years
Initial direct costs related to customer solar energy system lease acquisition costs
Lease term (up to 25 years)
Schedule of Estimated Useful Lives of Related Assets
Property, plant and equipment, net, including leasehold improvements, are recognized at cost less accumulated depreciation. Depreciation is generally computed using the straight-line method over the estimated useful lives of the respective assets, as follows:
Machinery, equipment, vehicles and office furniture
3 to 15 years
Tooling
4 to 7 years
Building and building improvements
15 to 30 years
Computer equipment and software
3 to 10 years
Schedule of Accrued Warranty Activity Accrued warranty activity consisted of the following (in millions):
Year Ended December 31,
202320222021
Accrued warranty—beginning of period$3,505 $2,101 $1,468 
Warranty costs incurred(1,225)(803)(525)
Net changes in liability for pre-existing warranties, including expirations and foreign exchange impact539 522 102 
Provision for warranty2,333 1,685 1,056 
Accrued warranty—end of period$5,152 $3,505 $2,101