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Property and Equipment, net
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment, Net [Abstract]  
Property and Equipment, net Property and Equipment, net
Property and equipment, net consisted of the following (in thousands):
June 30,
2022
December 31,
2021
Machinery and equipment$24,360 $18,040 
Computer hardware7,486 6,161 
Computer software9,045 7,837 
Vehicles325 267 
Furniture and fixtures742 742 
Leasehold improvements14,952 14,939 
Construction-in-progress246,219 176,162 
303,129 224,148 
Less: Accumulated depreciation(27,404)(21,834)
Property and equipment, net$275,725 $202,314 
Construction-in-progress is primarily related to the development of manufacturing lines as well as equipment and tooling necessary in the production of the Company’s vehicles. Completed tooling assets will be transferred to their respective asset classes and depreciation will begin when an asset is ready for its intended use. As of June 30, 2022, no depreciation on construction-in-progress has been recognized to date.
Depreciation expense for property and equipment was $2.9 million and $5.6 million for the three and six months ended June 30, 2022, respectively. Depreciation expense for property and equipment was $2.1 million and $4.2 million for the three and six months ended June 30, 2021, respectively.