FPS tanks when I move

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Wondering if anyone else has had this problem. Ever since Phantom Liberty dropped, my FPS absolutely tanks when I start moving. This is far more pronounced in Dogtown. For example, with my FPS capped at 90, I'll be 100% locked at 90FPS even when quickly moving the camera around, but as soon as I hit W my FPS will drop to the 60-70 range.

Also, my FPS tanks in vehicles, even moreso when doing one of El Capitan's vehicle theft missions, and this FPS drop even happens in the main game. I never had issues like this before Phantom Liberty.

For reference, I'm running an i9 9900k at ~ 4.8ghz and a 4090.
 
Dogtown is not exactly optimized.

For me whenever drops happen or car chases start, FPS takes a huge hit.
 
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