Birdwatch Note Rating
2022-12-22 19:29:28 UTC - HELPFUL
Rated by Participant: A3C9BCBE2F22EFCAD047D8E159C742ADC165C8A37D1DA91CFD7F1EC023C970F9
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