SUBSEQUENT EVENTS |
3 Months Ended |
|---|---|
Mar. 31, 2022 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTSDuring May 2022, the Company executed an Economic Development Agreement (the “Agreement”) with the State of Georgia and other governmental parties. As part of the Agreement, the Company committed to build an electric vehicle manufacturing plant with a minimum capital investment of approximately $5,000 million and to make annual payments from March 2023 through March 2047, totaling a minimum of approximately $300 million. In addition, the Company expects to receive approximately $1,500 million in state and local incentives and tax credits. |