CVNA just entered the new car market doubling TAM

Its official. i just saw a CVNA ad regarding them selling new cars. so the TAM for the new car market is just as large as the used car market. this could really change the paradigm for CVNA with higher GPU.

there has always been a ton of shorts on the CVNA name, and with all the good news its been having, its looking like a good swing trade.

their partner ROOT also could see some benefits with more ROOT policies with CVNA sold cars, higher insurance premiums, lower frequencies and better loss ratios for ROOT. The ROOT &CVNA partnership just keeps getting better and better.