Birdwatch Note Rating
2022-12-22 18:21:13 UTC - HELPFUL
Rated by Participant: CFBBC7004205687C0CFE92E930B6FC42623B5014FAEDB3A9F6B48B01705D448B
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