Birdwatch Note Rating
2022-12-22 17:44:28 UTC - HELPFUL
Rated by Participant: 6F0BD67901F822394CEF350ECC3A72D5DBF2C5E8A1BC44565AE9DAF36FAE050A
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