Due Diligence
Published in

Due Diligence

Can Carvana Execute Its New Operating Plan? Probably Not

A look at Carvana’s escalating overhead and its likelihood of achieving positive cash flow.

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Carvana is in a bit of a jam. Shares are down 86.3% this year — broader market headwinds are somewhat responsible, but Q1 results scared droves of investors away.

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