Watch CNBC's full interview with Amazon CEO Andy Jassy on first annual letter to shareholders

Amazon CEO Andy Jassy sits down with CNBC's Andrew Ross Sorkin to break down his first annual letter to shareholders. Jassy explains how the company quickly grew its fulfillment center capacity amid a rapid rise in e-commerce sales and reacts to unionization efforts at the company's warehouse on Staten Island. The Amazon chief also discusses the federal minimum wage, Amazon's 20-for-1 stock split, Elon Musk's Twitter bid and more.