Item 2. PROPERTIES

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Item 2. PROPERTIES

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We are headquartered in Palo Alto, California. Our principal facilities include a large number of properties in North America, Europe and Asia utilized for manufacturing and assembly, warehousing, engineering, retail and service locations, Supercharger sites, and administrative and sales offices. Our facilities are used to support both of our reporting segments, and are suitable and adequate for the conduct of our business. We primarily lease such facilities with the exception of some manufacturing facilities. The following table sets forth the location of our primary owned and leased manufacturing facilities.

Primary Manufacturing FacilitiesLocationOwned or Leased
Fremont FactoryFremont, CaliforniaOwned
Gigafactory NevadaSparks, NevadaOwned
Gigafactory New YorkBuffalo, New YorkLeased
Gigafactory ShanghaiShanghai, China*
*We own the building and the land use rights with an initial term of 50 years. The land use rights are treated as operating lease right-of-use assets.

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