All of this is entirely dependent on whimsy.

Amazon P/E is basically in the clouds.

They and Telsa in some ways are basically impossible to value.

So, people make difficult guesses.

Though I agree that because AMZN could probably simply 'turn on profit' at any time, and so the classical P/E is not a great measure ... at the same time ... a small dip in something could ruin them.

It only takes just a little bit of return to 'normal P/E' to wipe most of that out.

It's all emotion and intellectual pontification right now, and that's a crazy place to own a stock.