Rivian: Is Amazon’s Order Bad News for Tesla?

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On Thursday, the National Press Club in Washington, DC, hosted Amazon (AMZN) CEO Jeff Bezos. He discussed Amazon’s bulk order from Rivian.

Bezos discussed the carbon footprint

During the meeting, Bezos discussed Amazon’s plan to reduce its carbon footprint. He noted that Amazon wants to be a carbon-neutral company by 2040. One of the key takeaway from the meeting was that Amazon placed a bulk order for 100,000 electric delivery vans from Rivian. The order will ensure that Amazon phases out its current diesel vehicles in a systematic manner.

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