Birdwatch Note Rating
2022-12-22 18:14:54 UTC - HELPFUL
Rated by Participant: 16797AFAEF687A319ADD2F0428FE50686C903C0F0D00643BB90A0061E7C1D6B8
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