Birdwatch Note Rating
2022-12-22 16:52:53 UTC - HELPFUL
Rated by Participant: C740DE02E733BBEA4FEF3BF7631F532E2CFD3DEC38BA9790C01078EC3F946ED4
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