Birdwatch Note Rating
2022-12-22 16:52:53 UTC - HELPFUL
Rated by Participant: B633C548578A36FAE1AA30EB97C1655FAD1AF3A3AF2605E7352EAA5E51AB61CD
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