Segment Reporting and Information about Geographic Areas

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Segment Reporting and Information about Geographic Areas

Note 15 – 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 after-sales vehicle services, used vehicle sales, powertrain sales and services by Tesla Grohmann Automation GmbH (“Grohmann”). The energy generation and storage segment includes the design, manufacture, installation, sales, and leasing of solar energy generation and energy storage products. Our CODM does not evaluate operating segments using asset or liability information. The following table presents revenues and gross margins by reportable segment (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Automotive segment
Revenues	$	6,425,096	$	2,667,170	$	13,051,648	$	7,652,273
Gross profit	$	1,454,902	$	368,923	$	2,451,564	$	1,558,295
Energy generation and storage segment
Revenues	$	399,317	$	317,505	$	1,183,747	$	818,229
Gross profit	$	68,763	$	80,217	$	147,557	$	225,406

The following table presents revenues by geographic area based on where our products are delivered (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
United States	$	5,132,948	$	1,582,143	$	9,248,776	$	4,380,393
China		409,300		563,561		1,445,232		1,531,082
Netherlands		273,750		67,037		626,835		264,186
Norway		224,481		225,461		611,222		482,965
Other		783,934		546,473		2,303,330		1,811,876
Total	$	6,824,413	$	2,984,675	$	14,235,395	$	8,470,502

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

	September 30, 2018		December 31, 2017
United States	$	16,716,027	$	15,587,979
International		831,805		787,033
Total	$	17,547,832	$	16,375,012