The Epic Collapse of Carvana

Once a behemoth, the company is now in major trouble

Photo via Carvana.com

Carvana was finally the cool kid on the block. With their car vending machines, towering alongside highways across the United States, customers could get a unique car ordering experience.

In July 2021, Carvana (NYSE: CVNA) was trading around $340. A year and a half later, it’s at $8.

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Dylan Hughes

Two-time self-development author also writing on business and electric vehicles. My free newsletter: https://dylanhughes.substack.com.