Birdwatch Note Rating
2022-12-22 13:48:44 UTC - HELPFUL
Rated by Participant: 933C123F9DCF6CFD0F8C16EB782A3EF30E5A33F511367901F4BB4ADC34BAA804
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