As Elon Musk put it "For cars it's maybe 100 times harder to design the manufacturing system than the car itself." and I think as soon as it dawned on them the scale of the manufacturing process to build this car and all the precisely engineered systems they got cold feet. Yes conceptually a car is similar to a vacuum cleaner, there's a motor, a battery, a control system, a chassis and bodywork but they are in a completely different league in terms of the scale and engineering. A car needs to be able to run safely without faults for 8 hours a day 365 days a year whereas Dyson vacuum cleaners tend to have a lot of reliability problems even when using for an hour each week.