Problem:
New update is breaking Avada. It's happened on two sites now.

Solution:
You should try to add the following line of the code to your current child theme's functions.php file:

add_filter( 'toolset_disable_fusion_compilers', '__return_false' );

You can find the proposed solution in this case with the following reply:
=> https://toolset.com/forums/topic/new-update-is-breaking-avada-its-happened-on-two-sites-now/#post-1935213

Relevant Documentation: