Birdwatch Note Rating
2022-12-22 19:26:25 UTC - HELPFUL
Rated by Participant: EB38894A84A349723C6713C6A1B2C6AFA2D14D6FED9C3626AEB9D874E9D8AC70
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