I wish they did! Maybe I just got bad ones but I’ve never heard one sound that good! Last year I picked up a ‘67 drip edge Bassman for my buddy and had my tech service it replace some capacitors etc. When it was all done we played it clean and with a bass and that sounded good, then I decided to plug my guitar into it and turn it way up, a Tom Anderson. I was waiting for the mythic tones I’ve been hearing about for many years. What a disappointment, it just sounded awful! Flabby loose bass frequencies, and the breakup and distortion quality was extremely undesirable. My tech looks at me and says “that’s why I always hated Fenders“ It was a real letdown. Now, I’ve heard and seen some great videos such as the one the OP posted that sound fantastic and actually very “non-Fender“ at least to me online but never in person. Tweed Fenders and Blondes are another story. Based on my experience my answer would be “no, they don’t all sound like that“.