All my vehicles do this (Tesla or not). I've never driven a car that doesn't do it, but I could see how you could add some smarts based on the fast change in throttle position. That increases the complexity of the system, which can add some real safety and design challenges, which is why I assume they avoid it.
NONE of my other cars or any other car I have driven do it like the Tesla.
Lets go back 40 years, and before Throttle-By-wire. The Cruise Control physically controlled the throttle opening on the carburetor or throttle body by holding it open, just like the peddle your foot pushes on does. SO, very easy to set speed, and remove foot and ZERO speed bump to humans, as the throttle was held at the 'current position' by the car cruise control.
Jump forward to throttle-by-wire in cars OTHER THAN TESLA. Lets say my Chevy Volt. In both full-electric or when ICE is running, it is the same. The programmers, having experience with how the older system provided a smooth "bump-less" transition to car control, did programming that allowed the foot to be removed from the pedal and the car to ignore this foot removal and keep a smooth speed while moving from human control to car controlled cruise.
Tesla must have missed the memo on how to do this apparently and their system follows the foot removal by lowering the torque until the foot is fully off.(no throttle plane to really open, so just a torque command). THEN cruise notices the car slowed down just a bit from the set-point and has to juice the torque in a not-so-smooth way to get back to set speed.
It is just programming, other makers with WAY less expensive cars do it so not a price excuse. Appears Tesla just doesn't see it as something important.
(Maybe instead of fart noises, we could have smooth transition to car control in my $100K+ luxury car????)
And while they are 'fixing' this, get rid of the car slamming on the brakes for no reason on TACC cruise. Again, Volt and Caddy SRX don't do this. ('16 Mustang GT (5.0 ICE version) does sometimes freak out and blink red dash " oh my, you are going to hit something", so Ford needs to work on this also.