Birdwatch Note Rating
2022-12-23 03:05:24 UTC - HELPFUL
Rated by Participant: CA51D27FFA21A209E4B36B0F8FF5F445D6F51CBA21EF24D62722CFC4A43EBD89
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