“more capital intensive”
LOL! Amazon spends every extra can’t on capital expenditures.
The difference is AMZN is spending on capital expenditures from FCF to move into adjacent industries. TSLA must raise additional capital and is burning through cash rapidly. If Amazon stopped expanding, their earnings and FCF would explode. TSLA’s would barely change.
BTW - Amazon’s 2018 FCF after capex is going to be ~$17.5 billion. TSLA is negative $1.7B. Amazon also has a history of beating consensus. TSLA has a history of missing.