Yeah, the secondary effects of a drop of that magnitude are going to be catastrophic.

Millions of people dead. Wars popping up everywhere. Hoarding on an industrial scale.

Musk wants Trump to pull the subsidies. So that the legacy auto makers won’t benefit from them. This will just slow the adoption of EVs. But it will not negatively impact Tesla.

There was some talk about it a while back. But I haven’t seen any evidence of it yet.

Before that happens Russia will likely implement policies that bring the price down to about a hundred. And then it will rise again in spite of them. Rinse and repeat.

The USD RUB comparison is tenuous at best. Ruble isn’t being freely exchanged and the volumes are so low that Russia can manipulate the price. They just don’t have the reserves to do it for an extended period of time. So they apply policies to achieve the same goal. But even that hasn’t worked in the long term.

“We are nine meals away from anarchy”