Birdwatch Note Rating
2022-12-22 16:26:17 UTC - HELPFUL
Rated by Participant: 89CE8C49731886A36B8893DB654DC3DDF6651BC167DC053960B10ABE4808EAF5
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