Birdwatch Note Rating
2022-12-22 18:29:28 UTC - HELPFUL
Rated by Participant: C9558F6E22886B887705D29F960B85FA2F3BF8FDEF1A582FD2ADE6C0B377EDB4
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