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Dec 14th 2022!⃝I'm pretty sure this song is, at least in part, about a friends w benefits situation that goes south quickly. Even the first verse "You're busy drawing hearts, you run your fingers down the glass an open mirror, now you're sleeping in the front seat like a crushed leaf on the concrete night" The fog of the glass may come from the results of a sexual conquest. I think the next lines up until "but I've been driving you around" are about him falling in love with her, realizing that it's toxic. Then, "but I've been driving you around, I didn't think it could last" he didn't think the relationship could last but they're still going strong, at least sexually. "Broke another bracelet" I believe refers to the jelly bracelet game, where different bracelets are broken to represent different sexual acts that had been performed on the wearer. "tonight the center of the sun will separate in sparks, they're climbing up the sky and down the dark" I think this is just an artistic interpretation of orgasm, then he goes back to "do you think... you better love me back, you said you want someone who actually cares..." He's in love with her, but he's unsure of how she feels outside of sex. "a middle class explosion could be nice if we're the dynamite" just sounds like another euphemism for orgasm, then "now that cinderella's gone, she swallowed up the sun" going back to the original metaphor of orgasm representing the sun, she's swallowing her innocence... and him. "red water leaves us as we collide" I thought that he might've been taking her virginity here, but I'm not sure.
Maybe it's more literal and they got into a car crash. I've always thought of it this way since I was younger.