➡ I Allegedly talks about how two major car companies, Mercedes and Porsche, are shifting their focus from electric vehicles (EVs) due to a slump in sales and concerns about tariffs. Mercedes plans to increase prices and focus on selling fewer cars at higher margins, while Porsche is laying off employees and reconsidering its EV strategy. Meanwhile, Tesla is recalling 370,000 vehicles due to power steering issues. The housing market is also experiencing changes, with houses staying on the market longer and first-time buyers being priced out.

➡ Las Vegas is currently experiencing a drop in housing prices, with builders offering more incentives than ever before. This is due to a lack of confidence in the market, which could lead to significant losses. Meanwhile, San Francisco is facing issues with crime and business closures, and there are health warnings about a nasal cleanse product that could contain harmful bacteria. Lastly, Chile recently experienced a total blackout, causing chaos and highlighting the importance of being prepared for unexpected disasters.

Hey, it’s Dan. Welcome back. You’re watching IAllegedly. And I’ve got a good one for you today because car companies are doing a U-turn right now. A lot to cover on this. And today, please don’t forget to hit the like button, subscribe to the channel, join our email list, and we have a sponsor of Private Internet Access. But let’s get right into it. Two of the largest car companies on the planet Earth have made major changes when it comes to their EV cars. The first one is Mercedes. Mercedes just announced they were going to go hard on the EV cars, and they just announced their latest line of cars for 2025, 2026, and you’ve got 19 combustible cars that are being sold.

Gasoline-powered cars. They’ve only got 17 EV cars that are coming out, and this is a major shift. Harold Wilhelm, the CEO of the company, has just said, hey, listen, we have a major slump in sales, and we want to do something about this. And here’s the wild thing, guys. We’re going to continue to raise prices. We’re going to have our prices be higher than ever, and we don’t care. We’d rather sell less cars at a higher margin than sell more vehicles. Wild, guys. Wild. But when you look around the world, sales are off over 15% for these guys.

It’s huge right now. And you can’t argue with this, and one thing that they’re really concerned about is they take the potential for tariffs from President Trump and his administration for real, and you’re going to see profits dwindle, but they’re going to deal with the tariffs head-on. Wow. Okay. Now, the next one is Porsche. Porsche steps forward, and, you know, remember, Porsche, we’re going to go and have almost all EV cars at one point. No. Porsche is owned by Volkswagen. They’re laying off 1900 people a minimum between now and 2027. So 2025 and 2026, and, again, sales are off an absolute ton, and they are worried about the EV car sales and getting rid of EV cars.

So, again, people are not buying EV cars and not happy with them. What does an EV Porsche sound like? Seriously. When you see a Porsche pull up next to you at a stop light, you just sit there and marvel at how nice it sounds. You know, you’re going to deal with that. So they’re talking about what a major problem this is, and sales are off an absolute ton. And we all forget that, you know, Volkswagen owns Porsche, and they’re just not making the money. And what this is a sign of is that you have more and more people that are not doing well right now.

They’re not buying the high-end cars. They can do without the old cars. But again, you know, when you have Bentley come out and say that they’re going to go pull EV cars, who’s going to buy an EV Bentley? Bentley, who’s going to plug the car in? I’m telling you, I just, I talk to people that own these cars. I talk to people that have bought cars resale, and they’re not, you know, equipped to do the EV thing. They’re not going to drive to Las Vegas across the desert and sit there for an hour charging their vehicle.

It’s not going to happen. Speaking of charging vehicles, Tesla just announced a major recall for their car line. Power steering problems that are recalling 370,000 vehicles. Now, the problem with this, it’s not a traditional Tesla recall, where you just, hey, it’s a software fix. It’s no big deal. It’s, you know, this is something that you drive into the dealership and, or their Tesla office and get fixed. This is a huge problem. But again, the problem with EV car sales is there are. When you look at everybody from Ford, that’s going to lose $15 billion over the next two years.

You look at all these car companies, and you look at how the EV brands are not wanting to, you know, admit that this is not working. Here’s the thing, the challenge I want to see. I want to see someone step forward and say, we’re completely done with EV cars. We’re going to be, we’re not going to do this anymore. We’re going to have two models, and that’s going to be it. Eventually, that that’s going to happen. So it’s going to be interesting to see how this plays out. But again, you know, Mercedes, Pors, all these places have problems.

So let me know what you think, and there’s a lot more to cover in this video. I am on a short little vacation for my birthday, and I am out in the Gulf of America right now. That’s what that looks like. And it floors me, guys. I mean, when you’re out at sea and you see nothing, you know what I mean? You know, it’s crazy. You see a bird every now and then, you’re like, where’s that bird land? Because there’s no land anywhere near it. So a few things with real estate. The last video brought up a lot of great stories, and there is a group of people that feel trapped right now.

And how do they feel trapped? They feel trapped because they bought their house, and the house is starting to drop and die. And again, all it takes is one desperate person in the neighborhood that ruins it for everybody, and then you’re stuck with this payment, a depreciated asset. You know, you want to see a great guy talk about real estate, Scott Walters realtor out of Santa Barbara. At the beginning of COVID, houses were 800 grand. During COVID, they went up to $1.6 million. And now you’ve got people that are renting for $3,000, and you’ve got people on the same street that have payments of $9,000 a month.

Who’s smarter? Seriously right now. And then the housing prices are going to sit there and drop down. Now, these articles are below. Check this out. I’m not just pulling this stuff out of thin air unless somebody sends me something directly. I always go out and send you guys everything I can to back up and verify. The next thing is how houses are sitting on the market longer. And the problem with this is it’s just taking more to sell a house in hot markets. It’s not every market, but you’re seeing cracks. You’re seeing, we talked about two weeks ago, the problem with Washington, D.C.

Oh, man, oh, man. That is the beginning, guys, right there. But you’re starting to see that houses are sitting on the market longer, and it used to be like realtors would say, don’t worry about fixing things up. Don’t worry about fixing this. Don’t worry about fixing that. Just get ready. Get ready to move. And that’s how it was, but it’s not like that anymore, guys. It’s completely not like that. Let’s talk about our sponsor, Private Internet Access VPN. A VPN is a virtual private network. And what it does, it makes it so that from whatever device you’re on, your cell phone, your laptop, your computer, to any website that you go to, you’re completely encrypted.

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Use the link below and save 83% off the regular price. Get it today, guys. It’s an absolute fantastic product. Now, the thing that people don’t want to talk about is the problem with first-time buyers. They are literally priced out of the market right now. The great article below talking about what – I’m telling you guys, why would you buy a home right now when you have to worry about everything? Think about this. All the maintenance is your responsibility. You’ve got the taxes. You’ve got excessive insurance that is completely outrageous. I have a relative who is a landlord and just tells me that nightmare scenarios he has to go through, and they basically save them up.

When we have lunch, I’m going to tell you everything. It’s not the rosy picture that everybody thinks that all they do is go to the bank and cash check. It’s not like that, guys, at all. These people have to deal with headaches every day, and then you get the excessive insurance and everything else. Now, what is the area in the United States that they say is the most susceptible to a big drop right now? What do you think? Las Vegas. Las Vegas is the area where you’re starting to see builders lower prices.

You’re starting to see them add more incentive than they’ve ever added. You’re starting to see crazy things like, hey, we’ll finish your backyard. You buy this house, and we will do a $75,000 treatment on the backyard. Now, that may incentivize people. And the other thing is, you know, D.R. Horton, when you look at these things, think about this. D.R. Horton has massive insider selling of their stock right now. You’ve got all these people that work there that are selling the stock. They’re not having purchases of the stock. Why is that? There’s no confidence in these builders right now.

But in Vegas, they say this is the market that’s going to fall the most and that you’re most susceptible to major, major losses right now. So it’s going to be interesting, guys, to see this, because you’re starting to see things go down. When I visit Vegas, I go to Las Vegas a lot, and it’s a great place for business. It’s incredibly inexpensive to fly from. You want to fly from Texas to California. It’s pricey. You want to fly from Texas to Vegas. It is seriously cheaper to do that. So let me know your thoughts about all this stuff so far.

Now, here’s another warning about San Francisco, the Market Grocery Department. You know, it was in the Twitter building, and it’s a grocery store, high-end grocery store that’s been open for 10 years at the time, closing, and can’t maintain customer base because of crime. Again, Twitter leaves, X leaves. It’s ridiculous. You have all these warning signs about this. You can’t clean up cities like that fast enough. You really can’t. It’s ridiculous. Also, there is a warning for a cleanse. You know, it’s peak in cold and flu season right now, and you’ve got this cleanse, which is a Sinoclen soft tip squeeze bottle.

Okay, this could have bacteria. So what you’re trying to clean up your nasal passages during cold and flu season can actually give you a presence of staphylacus aureus, a dangerous bacteria. Isn’t that nice? Squirt that through your nose. So, again, guys, look at these warnings. Make sure you don’t have that stuff in your house. Read the articles below because it backs everything up. And the final thing is, you know, we talk about warning after warning after warning. Here’s one for you. The country of Chile had an entire blackout and lost all its internet service yesterday, lost all its power, lost phone service, telecommunications, high speed, rail.

Could not use the internet, could not use anything right now. And all the mining, they’re huge for copper mining. They’re all gone, all lost. No access to your bank, nothing. Again, warning after warning after warning. If you know that this could potentially happen, you need to prepare yourself. And the people in Chile, you know, didn’t have money and it went into what they said was a form of chaos on the streets because people couldn’t get food, they couldn’t get into grocery stores, they couldn’t prepare for anything because the chaos had already happened.

You know, it’s funny. Meeting people on the boat, people from Florida, oh, you know, we get hurricanes and we prepare for them. That’s such great advice, Dan, because you get a warning and you’re like, hey, you could have hurricane Ethel in five days and you get ready for that. Well, we don’t know when disaster’s going to strike, guys, so prepare yourself. Be ready for this stuff to happen any time. And if you’re ready, then you don’t have to worry about it. But the people in Chile, look at that. Look at how bad that is.

Now Chile is not, you know, it’s, you know, got its own issues, okay, we’re not going to have politics here. But the point is, is that these poor people that have no access to this, and again, it’s the poorest, it’s the elderly, it’s people that don’t have access to normal resources that’s out there. You know, you hear about all this stuff and you’ve got to prepare yourself. So let me know what you think. Email me, hello at iallegily.com and I will be in the land tomorrow. It will be lovely, okay? So let me know what you think.

Thank you for all the thoughtful, warm wishes, the cards, the gifts, everything you guys sent me. Absolutely dynamite, I truly appreciate it. And I will see you guys very soon. [tr:trw].

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