Birdwatch Note Rating
2022-12-22 17:39:04 UTC - HELPFUL
Rated by Participant: 89DD271DEC930B34F71691D18FE9367C5B46F4AB61614FECA1A6991B2F605F4E
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