now defenders including keller williams, berkshire hathaway and others say they will appeal the verdicthich calls for $1.7 billion in class action damages. >>> elon musk says tesla is planning to make 200,000 units of its cyber truck per year once production starts to ram up up. speaking on the joe rogan podcast, manufacturing the vehicle has been much harder than the design. shares are down 24%. its 52-week high hit july. that's one side that deutsche bank calls a global ev meltdown. >>> and closing arguments begin in the criminal trial of former ceo sam bankman-fried after defense rested its case shortly before noon yesterday. this follows two days of cross-examination by the prosecution of bankman-fried who stumbled through questions over past tweetses, balance sheets, and text messages. bankman-fried faces a potential life sentence if convicted on charges tied to the clasp of crypto hedge funds. >>> a lot more to come on "worldwide exchange" including one word investors have to know today. but first uk prime minister reshih tzu knack at one of the safety summits today. we're on the

times more expensive to sell a home in the united states in the national association of realtors, keller williams and one of warren franchises that sells homes just lost 1.8 billion dollar federal case missouri. i'm ty they're fixing their that conspiring to keep fees high of 6% for sellers there's lawsuit went down with re max and anywhere real estate where they lost 138 million dollars. they settled for 138 million dollars. so this good news. it's my industries have really high commissions when you bought know it's almost free. it's free. in some cases, this is an industry that's going to see something compression. it should see something compression because by the house, you know, million dollar house. your point in 60, 70, $80,000 in commissions right? you know, it's pretty crazy for realtors. then there's a foreigner that was our work's, not much difference, right >> and i know i i it was interesting is i remember sold, you know, when but stephen and you they do go line by line. like all of that's a standard fee. that standard standard that standard like at standard, that's a lot of money. >

defendants include keller williams, berkshire hathaway homes and services, american and others.hey all say they're going to appeal that which calls for $1.8 billion in class action damages. it's drawn lots of attention for challenging some very widely used real estate industry prac technologies. shares of real estate stocks all losing ground in a big way yesterday after that court decision. the whole idea that you're going to pay, you know, the commission on the buyer's side, commission on the seller's side, 3% each time. >> it's the business that -- i've sold something and bought something recently. it is kind of monday-boggling when you see the numbers because it's the only interest left. everyone else is 1%. everyone's gotten to the basis points. >> there's no negotiating. you can't say to the broker, will you do it for 1% and the other will do it for 3%. there's none of that. >> if you don't have your own broker, you still have to pay 6%. >> and the reason for that is because of these agreements that they all have these interlocking agreements, and this is in one stop. >> an