XML 52 R35.htm IDEA: XBRL DOCUMENT v3.24.0.1
CAPITAL STOCK AND EARNINGS PER SHARE - Purchase Agreements (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Nov. 22, 2022
USD ($)
$ / shares
shares
Nov. 22, 2022
USD ($)
$ / shares
Nov. 22, 2022
USD ($)
$ / shares
Nov. 22, 2022
USD ($)
tranche
$ / shares
Nov. 22, 2022
USD ($)
item
$ / shares
Nov. 07, 2022
USD ($)
$ / shares
shares
Jul. 23, 2021
USD ($)
shares
Dec. 31, 2023
USD ($)
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
shares
CAPITAL STOCK AND LOSS PER SHARE                    
Issuance of Class A Common stock                 $ 2,114  
Aggregate share purchase price | shares           300,000        
Issuance of Class A common stock                 2,114  
Beneficial ownership (as a percent)               25.00%    
Aggregate liquidation preference               $ 30,000    
Maximum                    
CAPITAL STOCK AND LOSS PER SHARE                    
Aggregate liquidation preference $ 30,000 $ 30,000 $ 30,000 $ 30,000 $ 30,000          
Common Stock                    
CAPITAL STOCK AND LOSS PER SHARE                    
Issuance of Class A Common stock           $ 70,000     $ 1  
Stock issued in aggregate purchase | shares                 74,000  
Preferred stock | Foxconn | Maximum | Scenario, EV Program Milestone Achievement                    
CAPITAL STOCK AND LOSS PER SHARE                    
Aggregate share purchase price | shares 700,000                  
Equity Funding Agreement With Y A                    
CAPITAL STOCK AND LOSS PER SHARE                    
Issuance of Class A Common stock               $ 40,400 $ 40,400 $ 49,400
Aggregate value of shares for issuance             $ 400,000      
Stock issued in aggregate purchase | shares             400,000 0 17,500,000 9,600,000
Investment agreement                    
CAPITAL STOCK AND LOSS PER SHARE                    
Threshold sale of assets as percent of consolidated assets for acquisition proposal           30.00%        
Threshold issuance of securities as percent of equity securities for acquisition proposal           15.00%        
Threshold beneficial ownership of equity securities for acquisition proposal           15.00%        
Threshold consolidated assets representing merger, dissolution or similar transaction for acquisition proposal           30.00%        
Investment agreement | Foxconn                    
CAPITAL STOCK AND LOSS PER SHARE                    
Aggregate value of shares for issuance           $ 100,000        
Proceeds from sale of equity   52,700                
Percentage of common stock to be acquired     10.00%              
Issuance of Class A common stock   47,300                
Beneficial ownership (as a percent)     25.00%              
Investment agreement | Foxconn | Prior to CFIUS Clearance                    
CAPITAL STOCK AND LOSS PER SHARE                    
Voting rights (as a percent)     9.99%              
Investment agreement | Foxconn | Prior to Requisite Stockholder Approval                    
CAPITAL STOCK AND LOSS PER SHARE                    
Voting rights (as a percent)     19.99%              
Investment agreement | Foxconn | CFIUS Clearance and Requisite Stockholder Approval                    
CAPITAL STOCK AND LOSS PER SHARE                    
Voting rights (as a percent)     24.00%              
Investment agreement | Foxconn | Minimum                    
CAPITAL STOCK AND LOSS PER SHARE                    
Interest on asset purchase restriction     50.00%              
Investment agreement | Common Stock | Foxconn                    
CAPITAL STOCK AND LOSS PER SHARE                    
Issuance of Class A Common stock   $ 22,700       70,000        
Stock issued in aggregate purchase | shares 1,800,000                  
Shares issued price per share | $ / shares $ 26.40 $ 26.40 $ 26.40 $ 26.40 $ 26.40          
Proceeds from issuance of preferred stock   $ 47,300                
Number of members that can be appointed to board | item         2          
The threshold percent of beneficial ownership for relinquishment of first board seat     50.00%              
Investment agreement | Common Stock | Foxconn | Scenario, Plan                    
CAPITAL STOCK AND LOSS PER SHARE                    
Beneficial ownership (as a percent)     25.00%              
Investment agreement | Preferred stock | Scenario, EV Program Milestone Achievement                    
CAPITAL STOCK AND LOSS PER SHARE                    
Proceeds from issuance of preferred stock   70,000                
Investment agreement | Preferred stock | Foxconn                    
CAPITAL STOCK AND LOSS PER SHARE                    
Issuance of Class A Common stock   $ 30,000                
Aggregate value of shares for issuance           $ 100,000        
Shares issued price per share | $ / shares $ 100 $ 100 $ 100 $ 100 $ 100 $ 100        
Aggregate share purchase price | shares 300,000                  
Number of tranches of share issue     2 2            
Proceeds from issuance of preferred stock           $ 30,000        
Investment agreement | Preferred stock | Foxconn | Scenario, EV Program Milestone Achievement                    
CAPITAL STOCK AND LOSS PER SHARE                    
Shares issued price per share | $ / shares $ 100 $ 100 $ 100 $ 100 $ 100          
Proceeds from issuance of preferred stock   $ 70,000                
Investment agreement | Preferred stock | Foxconn | Maximum | Scenario, EV Program Milestone Achievement                    
CAPITAL STOCK AND LOSS PER SHARE                    
Aggregate share purchase price | shares 700,000                  
Open Market Sales Agreement | Jefferies LLC                    
CAPITAL STOCK AND LOSS PER SHARE                    
Stock issued in aggregate purchase | shares               0 7,800,000  
Issuance of Class A common stock               $ 12,400    
Open Market Sales Agreement | Jefferies LLC | Maximum                    
CAPITAL STOCK AND LOSS PER SHARE                    
Number of shares to be issued | shares           50,200,000