CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Total revenues (Note 4)	$ 5,387	$ 4,970	$ 4,434
Total cost of revenues (Note 4)	5,243	6,170	6,464
Gross (loss) profit	144	(1,200)	(2,030)
Operating expenses
Research and development (Note 2)	1,668	1,613	1,995
Selling, general, and administrative (Note 2)	2,061	1,876	1,714
Total operating expenses	3,729	3,489	3,709
Loss from operations	(3,585)	(4,689)	(5,739)
Interest income	293	385	522
Interest expense (Note 10)	(274)	(318)	(220)
Loss on convertible notes, net (Note 10)	0	(112)	0
Other income (expense), net	(54)	(7)	6
Loss before income taxes	(3,620)	(4,741)	(5,431)
Provision for income taxes	(6)	(5)	(1)
Net loss	(3,626)	(4,746)	(5,432)
Less: Net income attributable to noncontrolling interest	20	1	0
Net loss attributable to common stockholders	(3,646)	(4,747)	(5,432)
Net loss attributable to common stockholders, basic	(3,646)	(4,747)	(5,432)
Net loss attributable to common stockholders, diluted	$ (3,646)	$ (4,747)	$ (5,432)
Net loss per share attributable to Class A and Class B common stockholders, basic (in dollars per share)	$ (3.07)	$ (4.69)	$ (5.74)
Net loss per share attributable to Class A and Class B common stockholders, diluted (in dollars per share)	$ (3.07)	$ (4.69)	$ (5.74)
Weighted-average common shares outstanding, basic (in shares)	1,186	1,013	947
Weighted-average common shares outstanding, diluted (in shares)	1,186	1,013	947
Automotive
Total revenues (Note 4)	$ 3,830	$ 4,486	$ 4,132
Total cost of revenues (Note 4)	4,262	5,693	6,150
Software and services
Total revenues (Note 4)	1,557	484	302
Total cost of revenues (Note 4)	$ 981	$ 477	$ 314

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net loss	$ (3,626)	$ (4,746)	$ (5,432)
Depreciation and amortization	784	1,031	937
Stock-based compensation expense	741	692	821
Gain on equity method investment	(101)	0	0
Loss on convertible notes, net	0	112	0
Other non-cash activities	(17)	28	222
Changes in operating assets and liabilities:
Accounts receivable, net	(112)	(282)	(59)
Inventory	522	307	(1,604)
Other assets	9	(221)	(146)
Accounts payable and accrued liabilities	571	(572)	105
Deferred revenues	503	1,619	149
Other liabilities	(53)	316	141
Net cash used in operating activities	(779)	(1,716)	(4,866)
Cash flows from investing activities:
Purchases of equity securities and short-term investments	(3,206)	(4,392)	(2,410)
Sales of equity securities and short-term investments	108	0	0
Maturities of short-term investments	2,980	3,553	925
Capital expenditures	(1,710)	(1,141)	(1,026)
Net cash used in investing activities	(1,828)	(1,980)	(2,511)
Cash flows from financing activities:
Proceeds from stock-based compensation programs	61	62	60
Proceeds from issuance of capital stock	750	0	0
Proceeds from issuance of long-term debt	1,250	0	0
Repayments of long-term debt	(1,250)	0	0
Proceeds from issuance of convertible notes	0	1,000	3,195
Purchase of capped call options	0	0	(108)
Other financing activities	(37)	(5)	(17)
Net cash provided by financing activities	886	1,136	3,130
Effect of exchange rate changes on cash and cash equivalents	6	(3)	5
Net change in cash	(1,715)	(2,563)	(4,242)
Cash, cash equivalents, and restricted cash—Beginning of period	5,294	7,857	12,099
Cash, cash equivalents, and restricted cash—End of period	3,579	5,294	7,857
Supplemental disclosure of cash flow information:
Cash paid for interest	222	279	169
Supplemental disclosure of non-cash investing and financing activities:
Capital expenditures included in liabilities	493	423	374
Capital stock issued to settle bonuses	47	179	137
Conversion of convertible notes	0	1,133	0
Rivian and Volkswagen Group Technologies, LLC
Cash flows from financing activities:
Proceeds from funding of 50% interest in Rivian and Volkswagen Group Technologies, LLC	0	79	0
Mind Robotics, Inc.
Cash flows from financing activities:
Proceeds from funding of 50% interest in Rivian and Volkswagen Group Technologies, LLC	$ 112	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS - USD ($) shares in Millions, $ in Millions	Dec. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents (Note 6)	$ 3,579	$ 5,294
Short-term investments (Note 6)	2,503	2,406
Accounts receivable, net (Note 2)	555	443
Inventory (Note 7)	1,594	2,248
Other current assets	361	192
Total current assets	8,592	10,583
Property, plant, and equipment, net (Note 8)	5,119	3,965
Operating lease assets, net (Note 9)	571	416
Other non-current assets	582	446
Total assets	14,864	15,410
Current liabilities:
Accounts payable	595	499
Accrued liabilities (Note 11)	1,438	835
Current portion of deferred revenues, lease liabilities, and other liabilities	1,660	917
Total current liabilities	3,693	2,251
Long-term debt (Note 10)	4,440	4,441
Non-current lease liabilities (Note 9)	551	379
Other non-current liabilities (Note 11)	1,586	1,777
Total liabilities	10,270	8,848
Commitments and contingencies (Note 16)
Stockholders' equity:
Preferred stock, $0.001 par value; 10 shares authorized and 0 shares issued and outstanding as of December 31, 2024 and 2025	0	0
Common stock, $0.001 par value; 3,508 and 5,258 shares authorized and 1,131 and 1,240 shares issued and outstanding as of December 31, 2024 and 2025, respectively (Note 15)	1	1
Additional paid-in capital	31,508	29,866
Accumulated deficit	(26,951)	(23,305)
Accumulated other comprehensive (loss) income	8	(4)
Noncontrolling interest	28	4
Total stockholders' equity	4,594	6,562
Total liabilities and stockholders' equity	$ 14,864	$ 15,410
Common stock, shares issued (in shares)	1,240	1,131
Common stock, shares outstanding (in shares)	1,240	1,131