Demoralised, like the Tories with Theresa gone? (8)

I believe the answer is:

dismayed

'demoralised' is the definition.
('dismay' can be a synonym of 'demoralize')

I don't understand the remainder of the clue.

(Other definitions for dismayed that I've seen before include "Alarmed, discouraged" , "Struck with fear or dread" , "Demoralised" , "Dispirited" , "Cast down" .)

I've seen this clue in The Guardian.

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