Consolidated Statements of Operations - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Revenues
Total revenues	$ 28,236	$ 22,496	$ 50,623	$ 41,831
Cost of revenues
Total cost of revenues	23,485	18,618	41,152	34,800
Gross profit	4,751	3,878	9,471	7,031
Operating expenses
Research and development	2,371	1,589	4,317	2,998
Selling, general and administrative	1,982	1,366	3,815	2,617
Restructuring and other	0	0	0	94
Total operating expenses	4,353	2,955	8,132	5,709
Income from operations	398	923	1,339	1,322
Interest income	422	392	856	792
Interest expense	(81)	(86)	(173)	(177)
Other income, net	590	320	55	201
Income before income taxes	1,329	1,549	2,077	2,138
Provision for income taxes	201	359	458	528
Net income	1,128	1,190	1,619	1,610
Net income attributable to noncontrolling interests and redeemable noncontrolling interests in subsidiaries	14	18	28	29
Net income attributable to common stockholders	$ 1,114	$ 1,172	$ 1,591	$ 1,581
Net income per share of common stock attributable to common stockholders
Basic (in dollars per share)	$ 0.34	$ 0.36	$ 0.49	$ 0.49
Diluted (in dollars per share)	$ 0.32	$ 0.33	$ 0.45	$ 0.45
Weighted average shares used in computing net income per share of common stock
Basic (in shares)	3,237	3,223	3,235	3,220
Diluted (in shares)	3,540	3,519	3,538	3,520
Automotive Revenues
Revenues
Total revenues	$ 20,516	$ 16,661	$ 36,750	$ 30,628
Cost of revenues
Total cost of revenues	17,053	13,795	29,865	25,495
Automotive sales
Revenues
Total revenues	20,006	15,787	35,479	28,712
Cost of revenues
Total cost of revenues	16,866	13,567	29,482	25,028
Automotive regulatory credits
Revenues
Total revenues	146	439	526	1,034
Automotive leasing
Revenues
Total revenues	364	435	745	882
Cost of revenues
Total cost of revenues	187	228	383	467
Energy generation and storage
Revenues
Total revenues	3,139	2,789	5,547	5,519
Cost of revenues
Total cost of revenues	2,499	1,943	3,955	3,888
Services and other
Revenues
Total revenues	4,581	3,046	8,326	5,684
Cost of revenues
Total cost of revenues	$ 3,933	$ 2,880	$ 7,332	$ 5,417

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities
Net income	$ 1,619	$ 1,610
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and impairment	3,209	2,880
Stock-based compensation	2,181	1,208
Inventory write-downs	187	248
Foreign currency transaction net unrealized loss	599	54
Deferred income taxes	(301)	9
SpaceX equity investment unrealized gain	(1,005)	0
Digital assets unrealized loss (gain)	334	(159)
Non-cash interest and other operating activities	33	73
Changes in operating assets and liabilities:
Accounts receivable	377	601
Inventory	(1,663)	(2,407)
Operating lease vehicles	260	65
Prepaid expenses and other assets	(1,028)	(1,137)
Accounts payable, accrued and other liabilities	3,341	1,333
Deferred revenue	491	318
Net cash provided by operating activities	8,634	4,696
Cash Flows from Investing Activities
Purchases of property and equipment excluding finance leases, net of sales	(8,282)	(3,886)
Purchase of SpaceX equity investment	(2,002)	0
Purchases of short-term investments	(16,281)	(13,500)
Proceeds from maturities of short-term investments	15,621	12,791
Purchase of intangible assets	(7)	0
Net cash used in investing activities	(10,951)	(4,595)
Cash Flows from Financing Activities
Proceeds from issuances of debt	4,679	3,050
Repayments of debt	(3,922)	(4,129)
Debt issuance costs	(4)	(1)
Proceeds from exercises of stock options and other stock issuances, net of issuance costs	468	528
Principal payments on finance leases	(37)	(67)
Proceeds received from directors in shareholder settlement	0	277
Recovery (payment) of legal fees associated with shareholder settlement	116	(176)
Distributions paid to noncontrolling interests in subsidiaries	(91)	(36)
Net cash provided by (used in) financing activities	1,209	(554)
Effect of exchange rate changes on cash and cash equivalents and restricted cash	(83)	151
Net decrease in cash and cash equivalents and restricted cash	(1,191)	(302)
Cash and cash equivalents and restricted cash, beginning of period	17,616	17,037
Cash and cash equivalents and restricted cash, end of period	16,425	16,735
Supplemental Non-Cash Investing and Financing Activities
Acquisitions of property and equipment included in liabilities	2,633	1,639
Leased assets obtained in exchange for operating lease liabilities	886	784
Leased assets obtained in exchange for finance lease liabilities	$ 97	$ 0

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash and cash equivalents	$ 15,219	$ 16,513
Short-term investments	28,305	27,546
Accounts receivable, net	4,087	4,576
Inventory	13,752	12,392
Prepaid expenses and other current assets	7,395	7,615
Total current assets	68,758	68,642
Property, plant and equipment, net	47,255	40,643
Operating lease right-of-use assets	6,386	6,027
Digital assets	674	1,008
Deferred tax assets	7,235	6,925
Other non-current assets	9,453	5,045
Total assets	148,524	137,806
Current liabilities
Accounts payable	15,324	13,371
Accrued liabilities and other	15,256	13,279
Deferred revenue	3,427	3,424
Current portion of debt and finance leases	1,418	1,640
Total current liabilities	35,425	31,714
Debt and finance leases, net of current portion	7,924	6,736
Deferred revenue, net of current portion	4,073	3,631
Other long-term liabilities	13,583	12,860
Total liabilities	61,005	54,941
Commitments and contingencies (Note 11)
Redeemable noncontrolling interests in subsidiaries	54	58
Stockholders’ equity
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	0	0
Common stock; $0.001 par value; 6,000 shares authorized; 3,949 and 3,751 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively	4	3
Additional paid-in capital	45,859	42,770
Accumulated other comprehensive income	401	361
Retained earnings	40,594	39,003
Total stockholders’ equity	86,858	82,137
Noncontrolling interests in subsidiaries	607	670
Total liabilities and equity	148,524	137,806
Operating lease vehicles, net
Current assets
Operating lease vehicles, net	4,253	4,912
Energy generation and storage systems, net
Current assets
Energy generation and storage systems, net	$ 4,510	$ 4,604