Error creating Visual Studio 2022 preview network installer

I'm trying to create a Visual Studio 2022 preview network installer to reuse the installation media between multiple computers. I'm following the instructions from this page, but I'm downloading the preview installer from the VS preview page. When I try to create the network installer from an elevated command prompt with

vs_community.exe --layout D:\VS\Community2022preview --useLatestInstaller

I'm getting the error message

Download of 'https://aka.ms/vs/17/pre/channel' succeeded using engine 'WebClient'
Download of 'https://download.visualstudio.microsoft.com/download/pr/b3f0a1e5-a37b-49a5-9c42-8724caed1f7b/b6c95d2cc95b704820db1e1355cfb2d1d075a8acf8e38b1ddaf1dafedb269521/VisualStudioPreview.vsman' succeeded using engine 'WebClient'
Catalog load operation correlation: {"id":"2d2ff4dd-dc49-49c9-94c7-35b8d0e072a6"}
Exception of type 'Microsoft.VisualStudio.Setup.UpdateRequiredException' was thrown.
Error: Exception of type 'Microsoft.VisualStudio.Setup.UpdateRequiredException' was thrown.
   at Microsoft.VisualStudio.Setup.Engine.CheckForEngineUpdate(Version manifestEngineVersion)
   at Microsoft.VisualStudio.Setup.Engine.Load(String path, Boolean skipVerify)
   at Microsoft.VisualStudio.Setup.Layout.Commands.LayoutCommand.InvokeCommand(CancellationToken token)
   at Microsoft.VisualStudio.Setup.Layout.Program.Main(String[] args)

I googled Microsoft.VisualStudio.Setup.UpdateRequiredException, but I didn't find anything. Should this work for the VS 2022 community preview version? Am I missing something?

Thanks!