An electric MAY have higher torque output at the wheel at *a* reference speed -- say 50mph -- but by staying fixed on that shorter ratio, it'll burn through the RPM curve more quickly and into the EMF-induced torque drop off.
Modern transmissions are 6sp+, and in the Camaro they are available in 8- and 10- (!!!) speeds to minimize ratio decrease and optimize sampling of RPM curve.
Ultimately, the power curve tells the tale.
100-200kph i.e. 62mph-120mph, pretty much any 400hp car will beat the Model 3 Performance: M340i, Mustang V8, E92 M3, RS4, M2, A45, 718 Spyder/GT4, etc
I think you're missing the point. Both (EV and ICE) do the same thing: they both lose torque to the wheels as speed increases. Even if you could keep your ICE car AT peak torque using gearing, every time you upshift, torque to the wheels steps down each time. Since most EV's (Taycan excluded) have one gear, the EV's torque will decline at a smooth slope, but it still declines. It's kind of like comparing the charging curve of an EV like a bolt that has significant step-downs at predetermined points vs a car like a Tesla that has a smooth, steadily declining curve.
If you overlay the torque to the wheels from an ICE vs Tesla with close to the same rated HP/TQ output, it'd look something like the attached. In reality, if we're talking Tesla vs ICE with similar HP/TQ ratings, the ICE isn't likely to start accelerating faster until maybe 110-120 MPH. At that point, the losses from back EMF of the electric motor will be less efficient than taking the losses from gearing plus drivetrain losses on the ICE.
Mike