v3.19.3.a.u2
Segment Reporting and Information about Geographic Areas
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Reporting and Information about Geographic Areas

Note 21 – Segment Reporting and Information about Geographic Areas

We have two operating and reportable segments: (i) automotive and (ii) energy generation and storage. The automotive segment includes the design, development, manufacturing, sales, and leasing of electric vehicles as well as sales of automotive regulatory credits. Additionally, the automotive segment is also comprised of services and other, which includes non-warranty after-sales vehicle services, sales of used vehicles, retail merchandise, sales by our acquired subsidiaries to third party customers, and vehicle insurance revenue. The energy generation and storage segment includes the design, manufacture, installation, sales, and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Our CODM does not evaluate operating segments using asset or liability information. The following table presents revenues and gross profit by reportable segment (in millions):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

Automotive segment

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

23,047

 

 

$

19,906

 

 

$

10,643

 

Gross profit

 

$

3,879

 

 

$

3,852

 

 

$

1,981

 

Energy generation and storage segment

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,531

 

 

$

1,555

 

 

$

1,116

 

Gross profit

 

$

190

 

 

$

190

 

 

$

242

 

 

The following table presents revenues by geographic area based on the sales location of our products (in millions):

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

United States

 

$

12,653

 

 

$

14,872

 

 

$

6,221

 

China

 

 

2,979

 

 

 

1,757

 

 

 

2,027

 

Netherlands

 

 

1,590

 

 

 

965

 

 

 

331

 

Norway

 

 

1,201

 

 

 

813

 

 

 

823

 

Other

 

 

6,155

 

 

 

3,054

 

 

 

2,357

 

Total

 

$

24,578

 

 

$

21,461

 

 

$

11,759

 

 

The revenues in certain geographic areas were impacted by the price adjustments we made to our vehicle offerings during 2019 . Refer to Note 2, Summary of Significant Accounting Policies, for details.

 

The following table presents long-lived assets by geographic area (in millions):

 

 

 

December 31,

 

 

December 31,

 

 

 

2019

 

 

2018

 

United States

 

$

15,644

 

 

$

16,741

 

International

 

 

890

 

 

 

860

 

Total

 

$

16,534

 

 

$

17,601