True, but there are a lot of factors at play. It's a combination of competition, high insurance costs which in turn means that Tesla have been removed from a lot of fleet schemes which are still the main buyers of £50k cars, and of course huge and intense competition in China.Share value continues to fall, as have their sales and share of the market.
I'd still love a Tesla Y (or an X if I was a lot richer) but that option is not open to me at present.