Does it? Twenty years ago you could buy a souped up Honda Civic with a twin-turbo and NOS that could beat an exotic off the line, and the world of supercars didn't implode then, why would it now?
Because you couldn't buy that Civic from a dealership, and generally speaking you wouldn't have said Civic be nearly as reliable (or anywhere close to reliable) to an exotic, even as unreliable as exotics tend to be.
EVs broadly embarrass sports cars all while being more comfortable, more practical, and... usually cheaper.
EVs broadly embarrass sports cars all while being more comfortable, more practical, and... usually cheaper.