Much of what you say I agree with but the common complaint or concern with the 235/35 being not enough tire (which of course it isn't from a track standpoint, even aside from its well documented heat vulnerability) has to be mitigated a bit by the fact that it actually has more tread than any 245/35-20 and
roughly the same tread width as an average of the three different 255/35 PS4S tires. Tesla didn't do this for no good reason, and people often assume that the only thing unique about the Tesla specific 4S is the acoustic foam - just not true from even a casual inspection of the 4S tire page at Tire Rack.
I suspect that Tesla asked Michelin for more/max possible tread to mitigate the 'undertired' status while keeping rolling resistance from running away too far from their targets (as this is somewhat more a function of section width/compliance than tread width although both are relevant). As your post implies, that probably meant extending the softer outer edge rubber while keeping the section width, and therefore the size rating, the same. I've wondered if this strategy works on the street in terms of giving the car just a bit more lateral (and braking) grip, but makes the tire even more vulnerable to chunking (slightly more softer rubber at the edge), and as several have documented, a lot of roll over unless you keep pressures up (in which case it's pretty greasy, as I have found out the hard way myself).
In any case, I think the consensus is that its a great (if not the best) street tire, long tread life, great ride, reasonably quiet, good dry and great wet traction, good steering feel, etc. Just not a comp tire. Then again, what could possibly be that good at such conflicting functions?