Birdwatch Note Rating
2022-12-23 01:07:11 UTC - HELPFUL
Rated by Participant: 5926E5D40EA0EE16FE23941EADF05B78DEFDFD84D1DBEB3D7B9E250AA522B6DC
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