A lot of SV companies only know software. And in software it's easy to fix bugs on the product later. Something that's impossible for mechanical things. That's why they all think it's easy to build your own car.
A car is fairly simple, but mass producing it, and getting all the suppliers to work together properly is hard.
Car manufacturers on the other hand have the tendency to treat software like hardware, because the leaders come from hardware. This leads to cultural problems with creating software.
What's hard is (a) building lots of cars as Tesla is finding out and (b) building a perfect self driving car. Now Apple is one of the best companies in the world at manufacturing and as we've seen with FaceID they have a strong grasp of integrating neural networks into commercial products.
So I would never underestimate Apple of all companies.