Birdwatch Note Rating
2022-12-22 17:44:03 UTC - HELPFUL
Rated by Participant: BF13AA8D8334C632F15032126A09EA73D7EA13AB457DEE2138B51BD4C0FCDF14
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