Yes, they're both text editors, but they're completely different classes of text editors. MS Word is also a text editor, but it would be ridiculous to fault it for not having a CLI. It's nice that Emacs and Vim have GUI modes, but I doubt they're the primary way users use those editors. Emacs/Vim and VS Code/Sublime/Atom fulfill different needs and preferences.

I'm curious about your answer to this: would you argue that MS should combine Word and VS Code into one text editor?