Only large companies are capable of building a car that complies with emissions and safety expectations, but that doesn't mean that we'd be better off if there were tens of millions of black-smoke-spewing death-trap shitboxes on the freeway.
Frankly, given the long history of data abuse, security problems, and generally anti-human practices by IT and tech companies, I'd be perfectly fine if cowboy developers not be allowed to touch this product space.
That's not to say that large tech companies are blameless angels in any of this.