Why not just use vscode if you want a more featured experience, and vim/neovim if you want a minimalistic experience?
(not including the fact that Microsoft owns vscode and that some parts are not open source, im aware of that, so no need to mention it)
i think the real competition here is vim.
vscode is a user-friendly editor that you just start using as a no brainer. You unlikely to learn more as you go (maybe a couple of shortcuts). So you get what you see pretty much
vscode is like a lego set. Emacs is more like a piece of marble. Harder to work with but has so much more potential.
and btw, vscode is the minimalist here
More like a ball of clay: infinitely and trivially malleable. And you can bake parts of it into ceramic whenever you want.
well, thats too ambitious. But whatever