Segment Reporting and Information about Geographic Areas

9 Months Ended

Sep. 30, 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 following table presents revenues and gross profit by reportable segment (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Automotive segment
Revenues	$	21,791	$	20,337	$	67,009	$	54,545
Gross profit	$	3,797	$	5,278	$	12,395	$	14,947
Energy generation and storage segment
Revenues	$	1,559	$	1,117	$	4,597	$	2,599
Gross profit	$	381	$	104	$	827	$	129

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
United States	$	10,893	$	10,236	$	33,472	$	28,584
China	5,020		5,131		15,642		13,568
Other international	7,437		6,087		22,492		14,992
Total	$	23,350	$	21,454	$	71,606	$	57,144

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

	September 30, 2023		December 31, 2022
United States	$	25,162	$	21,667
Germany	4,008		3,547
China	2,786		2,978
Other international	1,081		845
Total	$	33,037	$	29,037

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

	September 30, 2023		December 31, 2022
Automotive	$	11,398	$	10,996
Energy generation and storage	2,323		1,843
Total	$	13,721	$	12,839