v3.25.1
Segment Reporting and Information about Geographic Areas
 3 Months Ended
Mar. 31, 2025
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, cost of revenues and gross profit by reportable segment (in millions):
Three Months Ended March 31,
20252024
Automotive segment  
Revenues$16,605 $19,666 
Cost of revenues (1)$14,237 $16,373 
Gross profit$2,368 $3,293 
Energy generation and storage segment  
Revenues$2,730 $1,635 
Cost of revenues (2)$1,945 $1,232 
Gross profit$785 $403 
(1)Depreciation and amortization included in Cost of revenues for the automotive segment for the three months ended March 31, 2025 and 2024 was $954 million and $879 million, respectively.
(2)Depreciation and amortization included in Cost of revenues for the energy generation and storage segment for the three months ended March 31, 2025 and 2024 was $83 million and $91 million, respectively.
The following table presents revenues by geographic area based on the sales location of our products (in millions):
Three Months Ended March 31,
20252024
United States$10,333 $9,762 
China4,303 4,592 
Other international4,699 6,947 
Total$19,335 $21,301 
The following table presents long-lived assets by geographic area (in millions):
March 31,
2025		December 31,
2024
United States$33,234 $32,461 
Germany4,467 4,175 
Other international4,242 4,124 
Total$41,943 $40,760 
The following table presents inventory by reportable segment (in millions):
March 31,
2025		December 31,
2024
Automotive$11,562 $9,988 
Energy generation and storage2,144 2,029 
Total$13,706 $12,017