

In some countries, the fine is not defined as a definite amount, but as a percentage of yearly income. In Finland, a mild speeding ticket is half your daily income. That means for Musk, if he was caught speeding there, would have to pay ~38,000,000 EUR as a mild slap on the wrist.



Even without the ratcheting, assuming the percentages are well calibrated, it works on everyone equally no matter your financial situation. A wealthy person paying tens or hundreds of thousands of euros for going 5km/h over the speed limit learns the lesson very quickly.