Birdwatch Note Rating
2022-12-22 17:32:14 UTC - HELPFUL
Rated by Participant: 0D3E578A16C634A70A5BCCE8C8D765AA44DD0D412C7241BB1544D7BC8F1D4647
Participant Details
Original Note:
While there has been recent reporting covering Carvana’s debt and cash flow issues, the company has not yet declared bankruptcy. Carvana has lost money in most quarters since going public in 2017 as it has aimed for sales growth rather than short-term profitability. https://www.cnn.com/2022/12/08/business/carvana-bankruptcy-worries/index.html
All Note Details