Birdwatch Note Rating
2022-12-22 12:44:00 UTC - HELPFUL
Rated by Participant: 3EF0CDD07248880CDA7B2E598EC63D15B0DD871B4FC420787CF032405F50FA3C
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