Ahh yes, because famously the German sedans are focused on drag racing. (and why are you comparing a loaded M3 to a base plaid's pricing as of 3 weeks ago?)
Have you visited a place like Reddit where they discuss racing cars like r/cartrackdays? You get threads like this, where people endlessly hate on Teslas and EV's in general:
And they're not completely wrong- EV's have an endurance problem on tracks. They're amazing time attack cars, but not so much if you want to spend a lot of time out there, and the charging infrastructure at tracks is abysmal. They're less correct about weight and steering feel, but it's a valid concern and not moving in the right direction as an industry. These people hang out at speeds where the AWD nature of cars isn't particularly relevant, and the fact that a Plaid can set great lap times because it can shoot between corners quickly isn't all that interesting.
If you get out of your EV drag racing bubble, a lot of enthusiasts are interested in the noise, the shifting, the massive cornering ability, and the light weight of ICE cars. It's not all about some stat on a page. Given how many M cars BMW sells, I don't think they're hurting right now, or particularly worried about the M3P or Plaid eating into M4 CSL sales. Nor is Chevy worried that their $70K 2.9 second RWD Corvette is about to be overshadowed by a 2.8 second M3P or even a 2.0 second 4 door luxobarge.
That said, a quicker M3P would still do great things to help enthusiasts slowly change their minds to what is clearly the EV future for passenger cars.