Having to ship cars to the other side of the planet to the largest electric car market on the planet and pay super high import duties while not having access to local labor (etc) seems like a pretty thorough ball-and-chain on prices compared to what GF3 will enable.

Additionally, they have a significant update to the high end Model S & X coming (three motors), the 2020 Roadster, the Model Y, the Semi, and the Pickup all announced, some of which likely has suppressed demand for their current offerings, which they've been too busy ramping up Model 3 production for to ship. So I think demand is not a problem. And considering they're doing this at a time when their EV credit is nearly completely gone and gas prices are at a near-all-time-low, I think they're doing remarkably well.

...especially considering they don't have a moderately-priced SUV/truck/crossover available yet. None of the top 6 best-selling cars/trucks in the US are actual cars. Model 3 is doing remarkably well considering it's not an SUV, crossover, or a truck.