First, note that the product is a result of the technology and not the other way around. Rimac made a high-performing car by using a large amount of less advanced tech.
The motors are permanent-magnet type. This type of motor benefits from using expensive neodymium and dysprosium -- recent Nissan Leafs use less dysprosium in exchange for 10% less torque. With the price tag, Rimac can use as much of these as they want. Also, the motors max out at 10600 RPM. Put together, the motors and gearboxes weigh roughly 300 kg, though it appears the inverters are included in this number. Controlling four motors is a software problem, and not an overly complicated one.
The batteries use lithium iron phosphate, which allows for high power at the expense of lower specific energy. That they are able to fit 92 kWh in various locations means the car must have a high battery mass fraction. To move downmarket, you need more energy at a lower price. There are better ways to increase the amount of power that can be given to the motors.
It's easy to forget that Concept_One is a pure supercar, while the Model S is a well-rounded vehicle.