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Data_Dealer t1_j9birbu wrote

Reply to comment by Particular_Arm_8309 in Just want to get to the carvana earnings s*** show by rocket_man19

Yes the business model of never making money, even when the used car market is at an all time high is well thought out...

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Expecto_nihilus t1_j9cvva7 wrote

Amazon has entered the chat.

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Data_Dealer t1_j9d04kc wrote

Amazon had to get up to scale, they've been very profitable for about 13 years now. Buying cars for more than anyone else and then selling them at a loss and being sued for illegal business practices in just about every state you operate in is not a good business model, and never will be.

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Particular_Arm_8309 t1_j9bp0z9 wrote

We will see in 3 Days 🙃

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Data_Dealer t1_j9bqbn4 wrote

When they announce more losses?

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Particular_Arm_8309 t1_j9bxjh0 wrote

It is not important how big the losses are, but how the market reacts to them. And there is the scope. Idont have any Options but the return will be juicy 😁

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