Revenue Growth and Profitability: Q3 revenue of $5.647 billion (+55% YoY) and adjusted EBITDA of $637 million (11.3% margin) highlight operational efficiency and scale benefits. AI and Automation: Ambient agents autonomously resolve system issues, while same-day delivery in Phoenix (40% adoption) demonstrates customer preference for speed. Debt Reduction: Net debt to trailing 12-month EBITDA of 1.5x reflects disciplined capital management and financial strength. Loan Market Strength: $14 billion in new loan sale agreements validate credit quality, with Ally upsizing to $6 billion and new partners added. EV Strategy: Despite tax credit expiration, Carvana maintains EV leadership with no material demand impact, positioning for long-term growth.