Birdwatch Note Rating
2022-12-23 10:45:09 UTC - HELPFUL
Rated by Participant: 8868F2F0EC4205AC4F6A43CD2EBF8584FE8424A30EE1E33CDAE519FAE1A3069A
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