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Property and Equipment, net
12 Months Ended
Dec. 31, 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):
December 31,
20222021
Tooling, machinery, and equipment$32,863 $18,040 
Computer hardware8,850 6,161 
Computer software9,053 7,837 
Vehicles1,356 267 
Furniture and fixtures742 742 
Leasehold improvements14,956 14,939 
Construction-in-progress276,968 176,162 
Total property and equipment344,788 224,148 
Less: Accumulated depreciation(33,388)(21,834)
Total property and equipment, net$311,400 $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 are transferred to their respective asset classes and depreciation begins when an asset is ready for its intended use.

Depreciation expense for property and equipment was $11.6 million and $8.9 million for the years ended December 31, 2022 and 2021, respectively.