Just do the math.

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What are the two systems dragging worst?  Automotive (ignore the fake and gay numbers about it's vibrancy).  Which then collapses into banking, which is already on the wrong end of commercial property values, and leaning hard into residential falling values, with large notes attached.

How did auto go sideways?  Trying to shovel AI slop in the form of all electric, though even hybrids, with the full faith and security of the then US, and mostly all, governments.  They would help shove it through, gloss over issues, and that would be that.

Did Trump cut that knowing where it would end, or was he being petty and thoughtless, or populist?  It seems, either way, he seems to have changed his stance.  Now, while he can't come out and return the electric vehicle incentives, or do other ordered things... too much resistance and drag from even his own administration, at this point.

What can he do?  Block oil, have Ukraine disable Russia's output, have Iran shut down ME oil, and stop their oil, plus have a major US plant pull up lame.  He CAN make fuel unobtaniun.  He HAS done that.  Was that the plan?  Seems obvious to me, that yes.  Shunting driving, in the US, with gas or diesel, is the program. 

Peasants can buy electric or walk.  He is trying to salvage two industries at once.  He is giving big oil access to scalping as a payoff.  If he isn't, he is retarded.  Or so under the thumb of Israel he needs permission from them to poop.  Or both.