Birdwatch Note Rating
2022-12-22 13:48:44 UTC - HELPFUL
Rated by Participant: 392C1E3FDE93D9B845BEF13F1399D0B6E4AF8DCB8FBE9266CA4FE15AC0E9D914
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