Birdwatch Note Rating
2022-12-22 19:15:57 UTC - HELPFUL
Rated by Participant: 75A087788BDE216B1EEC8B6204A4C85AB53F38DE4E90B26F4171676894AD32E6
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