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Segment Reporting and Information about Geographic Areas
9 Months Ended
Sep. 30, 2024
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 and gross profit by reportable segment (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Automotive segment  
Revenues$22,806 $21,791 $64,958 $67,009 
Gross profit$4,272 $3,797 $11,403 $12,395 
Energy generation and storage segment  
Revenues$2,376 $1,559 $7,025 $4,597 
Gross profit$725 $381 $1,868 $827 
The following table presents revenues by geographic area based on the sales location of our products (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
United States$12,584 $10,893 $35,602 $33,472 
China5,665 5,020 14,893 15,642 
Other international6,933 7,437 21,488 22,492 
Total$25,182 $23,350 $71,983 $71,606 
The following table presents long-lived assets by geographic area (in millions):
September 30,
2024
December 31,
2023
United States$32,367 $26,629 
Germany4,447 4,258 
Other international4,342 4,067 
Total$41,156 $34,954 
The following table presents inventory by reportable segment (in millions):
September 30,
2024
December 31,
2023
Automotive$12,266 $11,139 
Energy generation and storage2,264 2,487 
Total$14,530 $13,626