Plausible scenario, with VW, Toyota and Honda taking their head out of ass and go full hog on Electric.

VW already seem to be betting the company on electric, they have been investing vast amounts of money in it.

I think there's a lot of hype around Tesla and that it's not a particularly well run company. Eventually the hype dissipates and fundamental issues show themselves.

I kinda think any other car company could make the cars Tesla does more efficiently.

But then again who knows :).

But if they could, why don't they, then?

I mean, would you willingly put a subpar product to market if you could do better?

I'm all for laziness, ignorance and greed explaining the decision-making of most people and companies (that much isn't even up for debate IMHO, and I include myself very much on average), but when presented with a choice I don't think most people avoid better decisions. In psychological studies, we always seem to try to reach the best outcome based on information available at the time — it's not even 'serious', it's because the human brain like to play, and consequently win, whatever the game / stakes. Like avoiding lava when walking on tiles in the street.