Birdwatch Note Rating
2022-12-22 12:44:00 UTC - HELPFUL
Rated by Participant: 6FBB85D745383A9F0E13F771B5C28F6A0C034A21B3B35B009E504B745A5A1864
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