Birdwatch Note Rating
2022-12-23 07:56:15 UTC - HELPFUL
Rated by Participant: FCF1030EC45F0BBA66CFD6181809D26BE932F24E6F69D4851FC8BF7079A50FA5
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