Indeed I heard directly from someone involved that the VS Code team understood the reputation of Visual Studio and wanted to call the product “Code” instead, and the compromise with marketing leadership was the the binary was called “code”.

Visual studio is good though. I wish I could it use it instead of code or Xcode

I use it 5 days a week, and unless you're talking about an ancient version from the 90s, I don't understand how you can say that.