I await Tesla's foray into serious racing with bated breath. I'm sure Porsche and Audi are terrified.

If they gave a shit about developing actual performance EVs, I'd expect them to be in Formula E, but they're not. BMW, Audi, Mercedes and Porsche are.

Perhaps they're focusing on other things? Motorsport has always been about advertising, maybe they don't see an advantage in that at this time.

Yeah, it could drive more people to want to purchase Tesla cars but since they have production bottlenecks it's not the best of times to do so.