Birdwatch Note Rating
2022-12-23 01:07:11 UTC - HELPFUL
Rated by Participant: B58FC591E8C96DE13676245FFD327D1A6F48B39F0D4D0298B1C0B07D02B268FD
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