XML 22 R13.htm IDEA: XBRL DOCUMENT v3.23.1
Property, Plant and Equipment, Net
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net

Note 4 – Property, Plant and Equipment, Net

Our property, plant and equipment, net, consisted of the following (in millions):

 

March 31,

 

 

December 31,

 

 

2023

 

 

2022

 

Machinery, equipment, vehicles and office furniture

 

$

14,139

 

 

$

13,558

 

Tooling

 

2,696

 

 

 

2,579

 

Leasehold improvements

 

2,551

 

 

 

2,366

 

Land and buildings

 

8,144

 

 

 

7,751

 

Computer equipment, hardware and software

 

2,299

 

 

 

2,072

 

Construction in progress

 

4,894

 

 

 

4,263

 

 

 

34,723

 

 

 

32,589

 

Less: Accumulated depreciation

 

(9,754

)

 

 

(9,041

)

Total

 

$

24,969

 

 

$

23,548

 

 

Construction in progress is primarily comprised of construction of Gigafactory Texas and Gigafactory Berlin-Brandenburg, and equipment and tooling related to the manufacturing of our products.

Depreciation expense during the three months ended March 31, 2023 and 2022 was $722 million and $551 million, respectively.