v3.25.4
INCOME TAXES - Schedule of Components of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets:    
Net operating loss and tax credit carryforwards $ 5,783 $ 4,621
Inventory 133 110
Deferred revenues 430 442
Operating lease liabilities 171 120
Stock-based compensation 44 49
Accrued liabilities 152 142
Research and development capitalization 673 925
Other 130 77
Total deferred tax assets 7,516 6,486
Less: valuation allowances (7,134) (6,228)
Total net deferred tax assets 382 258
Deferred tax liabilities:    
Property, plant, and equipment (170) (75)
Operating lease assets (146) (103)
Volkswagen Group loan commitment asset (52) (51)
Other (13) (29)
Total deferred tax liabilities (381) (258)
Net deferred tax assets $ 1 $ 0