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Mullen Automotive (MULN) recently took drastic action to maintain its Nasdaq Exchange listing, executing a reverse stock split — a strategy often viewed by investors as a last-ditch effort to avoid delisting. While this move provides the struggling electric vehicle maker with a temporary lifeline to remain on the exchange, MULN stock has endured catastrophic losses throughout 2025. Investor confidence has severely eroded amid persistent financial distress, mounting operational challenges, and escalating concerns over the company’s viability.
In this article, we’ll examine what the reverse stock split means for Mullen, evaluate the company’s fundamentals, and explore whether investors should view this move as a second chance — or a final warning.
