Not exactly.
There are two senators/state because Delaware and New Jersey threatened to leave the Constitutional Convention if they didn’t get their way. It was quite unfair actually for Delaware with 40,000 inhabitants to have the same Senatorial representation as Virginia with ten times the number.
IIRC, the delegates considered seven different modes of electing a President. Electors chosen by State legislatures was selected not because it was a great system, but because it was the mode least likely to be corrupted.