Segment Reporting and Information about Geographic Areas

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Segment Reporting and Information about Geographic Areas

Note 11 – Segment Reporting and Information about Geographic Areas

We have two operating and reportable segments: (i) automotive and (ii) energy generation and storage. The following table presents revenues and gross profit by reportable segment (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Automotive segment
Revenues	$	23,418	$	16,068	$	45,218	$	34,208
Gross profit	$	4,255	$	4,137	$	8,598	$	9,669
Energy generation and storage segment
Revenues	$	1,509	$	866	$	3,038	$	1,482
Gross profit	$	278	$	97	$	446	$	25

The following table presents revenues by geographic area based on the sales location of our products (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
United States	$	11,332	$	9,614	$	22,579	$	18,348
China		5,731		3,787		10,622		8,437
Other international		7,864		3,533		15,055		8,905
Total	$	24,927	$	16,934	$	48,256	$	35,690

The following table presents long-lived assets by geographic area (in millions):

	June 30,		December 31,
	2023		2022
United States	$	23,842	$	21,667
Germany		4,020		3,547
China		2,796		2,978
Other international		1,096		845
Total	$	31,754	$	29,037

The following table presents inventory by reportable segment (in millions):

	June 30,		December 31,
	2023		2022
Automotive	$	12,148	$	10,996
Energy generation and storage		2,208		1,843
Total	$	14,356	$	12,839