Birdwatch Note Rating
2022-12-22 19:15:57 UTC - HELPFUL
Rated by Participant: 49FEED12DF226900FFF99EC1A17CA7F56434656A54F4C348FBA32EF9E7F152BA
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