Segment Reporting and Information about Geographic Areas

Note 23 – Segment Reporting and Information about Geographic Areas

We operate as two reportable segments: automotive and energy generation and storage. The automotive reportable segment includes the design, development, manufacturing, and sales of electric vehicles. The energy generation and storage reportable segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by our solar energy systems to customers.

Our chief operating decision maker (CODM) does not evaluate operating segments using asset information.

The following tables set forth total revenues and gross margin by reportable segment (in thousands):

	Year Ended December 31,
	2016		2015		2014
Automotive:
Revenues	$	6,818,738	$	4,031,548	$	3,194,148
Gross profit		1,596,195		921,313		881,468
Energy generation and storage :
Revenues		181,394		14,477		4,208
Gross profit		3,062		2,190		203

The following tables set forth total revenues and long-lived assets by geographic area (in thousands):

Total Revenues

	Year Ended December 31,
	2016		2015		2014
United States	$	4,200,706	$	1,957,397	$	1,471,643
China		1,065,255		318,513		477,082
Norway		335,572		356,419		412,198
Other		1,398,599		1,413,696		837,433
Total	$	7,000,132	$	4,046,025	$	3,198,356

Revenues are attributed to geographic areas based on where the Company’s products are shipped.

Long-lived Assets

	Year Ended December 31,
	2016		2015
United States	$	11,399,545	$	3,119,478
International		503,294		283,856
Total	$	11,902,839	$	3,403,334

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details