Amazon.com Inc. (NASDAQ:AMZN) made up over 50% of Rivian Automotive Inc.‘s (NASDAQ:RIVN) revenue in the first quarter of 2026, according to earnings data shared on Thursday.

Very Proud Of Our Relationship, Says RJ Scaringe

During the earnings call, Rivian CEO RJ Scaringe was asked to comment on interest from non-Amazon customers for Rivian’s commercial vehicles. “Our relationship with Amazon continues to be something that we are very proud of,” Scaringe said, sharing that vans would continue to ramp up with the e-commerce company.

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“In terms of other customers and applications, Amazon is by a significant degree the largest operator,” Scaringe said, but also mentioned that the company had identified “lots of other opportunities” for its vehicles. However, Rivian’s focus right now remains on Amazon and “ramping to support them,” the CEO said.

Jim Chanos Weighs In

Following the earnings, short-seller James Chanos took to the social media platform X to share his views on Rivian’s first-quarter 2026 report, sharing that Amazon’s orders comprised $468 million of ...