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BALANCE SHEET COMPONENTS (Tables)
9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Inventory
Inventory consisted of the following at September 30, 2024 and December 31, 2023, respectively:
As of
September 30, 2024December 31, 2023
Raw materials$35,112 $32,889 
Work in process28,078 15,486 
Finished goods4,695 8,206 
Service parts8,191 6,007 
Total inventory$76,076 $62,588 
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets consisted of the following at September 30, 2024 and December 31, 2023, respectively:
As of
September 30, 2024December 31, 2023
Insurance receivables
$17,500 $— 
Inventory deposits16,939 4,843 
Non-trade receivables8,039 4,895 
Prepaid expenses5,715 7,573 
Holdback receivable4,869 3,655 
Prepaid insurance premiums3,890 2,148 
Other current assets
2,893 1,154 
Other deposits
2,151 1,643 
Total prepaid expenses and other current assets$61,996 $25,911 
Schedule of Property, Plant and Equipment, Net
Property, plant and equipment, net consisted of the following at September 30, 2024 and December 31, 2023:
As of
September 30, 2024 December 31, 2023
Buildings$240,861 $239,918 
Construction-in-progress105,718 135,994 
Equipment83,482 67,657 
Tooling62,114 39,389 
Finance lease assets41,072 37,504 
Software8,689 8,649 
Land7,957 7,957 
Other6,871 6,409 
Leasehold improvements3,115 3,100 
Demo vehicles1,798 788 
Property, plant and equipment, gross561,677 547,365 
Less: accumulated depreciation and amortization(71,433)(43,949)
Total property, plant and equipment, net$490,244 $503,416 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following at September 30, 2024 and December 31, 2023:
As of
September 30, 2024December 31, 2023
Settlement liabilities
$103,446 $91,330 
Warranty liability, current34,112 65,703 
Inventory received not yet invoiced23,408 8,642 
Other accrued expenses14,435 6,894 
Accrued payroll and payroll related expenses8,242 3,254 
Accrued purchases of property, plant and equipment
7,913 2,458 
Accrued purchase of intangible asset5,624 13,796 
Accrued outsourced engineering services5,441 4,207 
Operating lease liabilities, current2,887 1,867 
Derivative liability
— 8,871 
Total accrued expenses and other current liabilities$205,508 $207,022