Birdwatch Note Rating
2022-12-22 17:52:10 UTC - HELPFUL
Rated by Participant: 58CA1408B13C5B0678DF6B3716DE9B10049EF6E94B8BD84A178B646F069F0402
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