Stagflation will still hammer Tesla pretty bad. Think of what it'd do to their sales if Model S was $200K instead of $70K. We're headed in that direction. And before you say "it can't happen here", I've seen it happen in a country which too thought "it can't happen". And then it did. That's why Bill Gates is buying farmland and Black Rock is buying houses - they know what's coming. Worse yet, unlike Russian hyperinflation in the 90s (or Venezuelan today), this will be _global_.