Auto Monitor

Carvana, the Wannabe Amazon of Autos, Is Coming of Age

The car retailer has long been a lightning rod. Can it prove the doubters wrong — again?
A Carvana vending machine in Denver.Photographer: Hyoung Chang/The Denver Post/Getty Images
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Only days after Carvana shares hit an all-time high last month, something familiar happened: short sellers circled. The retailer has long been something of a lightning rod, which Detroit bureau chief David Welch explores in depth for Bloomberg Businessweek.