Birdwatch Note Rating
2022-12-23 05:46:22 UTC - HELPFUL
Rated by Participant: 340F4513A77D3341EEEC3AE68CAF8EEB0AA52A0A98CA6965856999AE8B08F6D0
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