A disastrous mid-term local election result has, in the past, been a resigning matter for the party leader. I doubt that'll happen today though. Listening on R4 this morning, they had the Tory party chairman on. He laid the blame for 'damage to the Conservative brand' squarely on Johnson and Truss, which makes me assume they are going to shield Sunak by saying it is early days and a lot of his wonderfulness will need time to take effect.
By the time of the GE they'll not have that excuse, of course, and any competent opposition will be reminding the electorate of how they felt at this moment, strikes, cost of living, NHS, partygate, hosing cash at donors, fast track and all the other horrors. I don't see much prospect of improvement in that stuff on the current trajectory, but time is a great healer. These wounds need to be, if not kept open, then not healed and still aching noticeably when people think about them.