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dot com code tech news this is tech crunch

Here's your daily crunch. Car rental giant Hertz has placed an order for 100,000 Tesla vehicles to be delivered by the end of 2022 in the largest single purchase of EVs ever.

The deal will push the car rental giant's E.V. offerings to 20% of its global fleet.

Hurt said that Tesla Model 3 vehicles will show up in its rental inventory as early as next month

in major U.S. markets and select cities in Europe.

In other news, U.S. Social Networking Giant Facebook reported its Q3 financial results yesterday

after the Bell. It reported $29 billion in total revenue and earnings per share of $3.22 calculated on a diluted

basis. Investors had expected the company to report revenues of $29.58 billion per data collected by Yahoo Finance, and earnings per share

of $3.19.

Shares of Facebook were up modestly in after-hours trading, indicating that the street is not shocked that it came in slightly light on top line.

And the orbital real estate rush is just getting started, as Sierra Space released more details on its plans to

launch a private space station with news that Blue Origin and Boeing would be

joining the team to send the spacecraft to orbit in the second half of the decade.

The plan station called Orbital Reef

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