Birdwatch Note Rating
2022-12-22 12:39:06 UTC - HELPFUL
Rated by Participant: 8867BB3D5AADA51F0F159AFCB9A4096500C71D2D1D30CFDDDC78EF17B68F3E6D
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