To be fair, the leading car companies have been working on electric cars for decades, as well. And Tesla just comes in and takes the lead (same for space launch

To be fair, the leading car companies have been working on electric cars for decades, as well. And Tesla just comes in and takes the lead (same for space launches). Company age has nothing to do with its ability to innovate (if anything, you'd want to squeeze the last penny out of your existing tech/products before offering something new).