We should not forget this is the same company that had an amazing lead on everyone in the electric car market 3 decades ago with the EV1. See "Who Killed the Electric Car [0]

[0] https://www.whokilledtheelectriccar.com/

replacing a gas engine with an electric motor and installing a battery pack is not hard. The EV1 was a pretty bad car. The real secret sauce of modern electric cars is cheap Lithium Ion battery packs.