Birdwatch Note Rating
2022-12-22 17:43:16 UTC - HELPFUL
Rated by Participant: B72A0B975EA0BE97F7FFDAD0C6A6A6055624AC845EEE5E295FC349B8B05A61C3
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