This is ignorant and downplays the companies that have existed for decades.
Tesla isnt profitable, the rest of the auto companies are profitable.
These auto companies have already developed electric vehicles(see Bolt and Leaf) but demand doesnt cause them to produce Tesla amounts of electric vehicles. If they saw an increase in demand, they will use their billion dollar infrastructure to continue to produce vehicles.
To think there is any 'struggling to keep up' with Tesla for automotive is an ignorance of the automotive industry. Tesla is trying to survive, the established players are developing their own new technology.