Birdwatch Note Rating
2022-12-22 16:02:50 UTC - HELPFUL
Rated by Participant: 4B82E57201A3B8057F22AA312DB36787BA1C8CC8188BEA79A50158EED82ED47E
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