Birdwatch Note Rating
2022-12-22 17:35:06 UTC - SOMEWHAT_HELPFUL
Rated by Participant: D925AFB234DEE04B80E39FF0D9D81E2E2E2EBE624E3DD12F25EF0D877C7A0F3B
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