Most people cannot think faster than they type or speak, at least coherently. The rapid information transfer with a computer via "thoughts" ignores the fact that a concept of a "car", for example, exists as different neural activity patterns, distributed over different parts of the brain for different people and changes with time. So that would imply the BCI would need to catalog how different all possible concepts are cataloged within an individual, to achieve such "direct thought communication", which would require whole-brain scale recording, something definitely NOT achievable with ephys (as a thought experiment, you'd have to introduce wires whose total volume become significant compare to brain volume).
Further, the act of speaking and typing is also a way to articulate and organize your (abstract) thoughts. If one skips that stage, would the output be meaningful at all?
The limiting communication bandwidth idea is a very fancy marketing message easy for people to hype up on, in typical Elon fashion.