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Segment Reporting and Information about Geographic Areas
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting and Information about Geographic Areas Segment Reporting and Information about Geographic Areas
Our Chief Executive Officer, as the CODM, organizes our company, manages resource allocations and measures performance among 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 sales of used vehicles, non-warranty maintenance services and collision, part sales, paid Supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives.
Our CODM does not evaluate operating segments using asset or liability information. The CODM uses gross profit to allocate operating and capital resources and assesses performance of each segment by comparing actual gross profit results to historical results and previously forecasted financial information. The following table presents revenues, cost of revenues and gross profit by reportable segment (in millions):
Year Ended December 31,
202420232022
Automotive segment  
Revenues$87,604 $90,738 $77,553 
Cost of revenues (1)$72,794 $74,219 $56,988 
Gross profit$14,810 $16,519 $20,565 
Energy generation and storage segment  
Revenues$10,086 $6,035 $3,909 
Cost of revenues (2)$7,446 $4,894 $3,621 
Gross profit$2,640 $1,141 $288 
(1)Depreciation and amortization included in Cost of revenues for the automotive segment for the years ended December 31, 2024, 2023 and 2022 was $3.68 billion, $3.45 billion and $2.81 billion, respectively.
(2)Depreciation and amortization included in Cost of revenues for the energy generation and storage segment for the years ended December 31, 2024, 2023 and 2022 was $377 million, $343 million and $331 million, respectively.
The following table presents revenues by geographic area based on the sales location of our products (in millions):
Year Ended December 31,
202420232022
United States$47,725 $45,235 $40,553 
China20,944 21,745 18,145 
Other international29,021 29,793 22,764 
Total$97,690 $96,773 $81,462 
The following table presents long-lived assets by geographic area (in millions):
December 31,
2024		December 31,
2023
United States$32,461 $26,629 
Germany4,175 4,258 
Other international4,124 4,067 
Total$40,760 $34,954 
The following table presents inventory by reportable segment (in millions):
December 31,
2024		December 31,
2023
Automotive$9,988 $11,139 
Energy generation and storage2,029 2,487 
Total$12,017 $13,626