To me this looks more like "unsurprising". Tesla has some additional business lines which might eventually prove quite valuable, but in the short to medium term it is mostly a car company. The whole car industry is dealing with the results of higher interest rates. It would be much more surprising if Tesla somehow turned out to be immune to that.
Disastrous may be going too far unless it portends further drops going forward.
But disastrous may also be the right word because Tesla’s valuation is based entirely on massive growth. So even if this means Tesla will start growing fairly normally as opposed to rapidly, that’s bad for Tesla stock.
It comes as no surprises that the rest of your comment either looks for positives or places the blame on conditions affecting the auto industry at large.
Can Tesla do no wrong?
Tesla has confirmed what most it's not a tech company, but an auto manufacturer. And if it's repeated, the stock will never recover.