Ruby is also slower than C++ & Go, But Ruby on Rails is not only popular but a very productive web framework which can help you build your app with a productivity that C++ or Go can't match.
When you write a high quality, fault tolerate system, the raw speed comes at the end. Erlang shines when you write a concurrent system plus its design is very unique. Erlang I would say isn't only a language but a whole philosophy of Software development. Once learned you can apply to many other platforms.
All in its a joy to work with functional languages and Erlang is perhaps the most commercially successful functional language.