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The Latest Breaking News from Mullen

1 Pitiful EV Stock to Sell Before 2022 Ends

Mullen Automotive (MULN) shares have fallen 97.9% from their 52-week high amid the uncertain macroeconomic environment. While solid EV demand and favorable government incentives are significant tailwinds for the industry, the company is expected to struggle further amid high inflation, supply chain issues, rising raw material costs, and stiff competition.…

StockNews.com · Nov 11, 2022

Mullen Unveils $12K I-Go Urban Delivery Electric Vehicle For Europe

Powered by a 16.5-kWh battery pack enabling an NEDC range of 124 miles, the Mullen I-Go targets companies that focus on last mile deliveries.

InsideEVs · Oct 25, 2022

Mullen Buys Bankrupt ELMS And Its Indiana Plant For $240 Million

The former ELMS plant in Indiana that once made Hummer H2 trucks will provide Mullen with the capability to produce up to 50,000 electric vehicles per year.

InsideEVs · Oct 19, 2022

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Mullen Automotive Buys Controlling Stake In Bollinger Motors

Bollinger is an electric vehicle startup that had been struggling in recent years, even with 50,000 pre-orders under its belt, and it had recently changed course.

InsideEVs · Sep 9, 2022

Mullen Automotive Reveals Significant Debt Reduction

Mullen Automotive Inc (NASDAQ:MULN) has removed $17.5 million in company debt. The company has also reduced its overall indebtedness from more than $30 million last year to an estimated $11 million currently. The debt was associated with a secured convertible promissory note executed on July 23, 2020, with DBI Lease Buyback Servicing LLC, an…

Benzinga · Jul 5, 2022

Why Mullen Automotive Shares Are Gaining Today

Mullen Automotive Inc (NASDAQ:MULN) has filed over 130 patents in 24 countries for Mullen FIVE EV Crossover program. The patent applications are related to the design and styling of the Mullen FIVE EV Crossover, covering its exterior and interior design. The patent applications include 19 U.S. design patent filings and 117 international design…

Benzinga · Jun 22, 2022

Introducing Mullen: The Entirely US-Based Electric Vehicle Manufacturer Rivaling Tesla

David Michery, CEO of Mullen Automotive Inc. (NASDAQ: MULN), was a guest speaker at Benzinga’s All Access on June 3rd, 2022.

Benzinga · Jun 8, 2022

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Why Mullen Automotive Stock Is Trading Higher Today

Mullen Automotive, Inc. (NASDAQ: MULN) shares are trading higher after the company announced the results of its solid-state polymer battery testing with the Battery Innovation Center in Indiana.

Benzinga · May 31, 2022

Why Mullen Automotive Shares Are Surging Today

Mullen Automotive Inc (NASDAQ:MULN) reported preliminary cash and equivalents of $65.2 million as of Q2-end, primarily due to $43.9 million from the issuance of Series C Preferred Stock and associated warrants. Additionally, the company received $29.6 million in net proceeds under the $30 million Esousa Equity Line, dated September 1, 2021. Total assets…

Benzinga · May 13, 2022

Down More Than 85% From All-Time Highs, Should You Scoop Up Shares of Mullen Automotive and Lordstown Motors?

Electric vehicle stocks such as Mullen Automotive (MULN) and Lordstown Motors (RIDE) have underperformed the broader equity market by a wide margin in the last year. Let’s see if it’s a good idea to buy these two electric vehicle (EV) stocks on the dip.

StockNews.com · Apr 19, 2022

What's Going On With Mullen Automotive Stock Today?

Mullen Automotive Inc (NASDAQ: MULN) shares are trading lower Monday. The stock initially surged higher before pulling back significantly and turning negative for the session.

Benzinga · Apr 18, 2022

Retail Favorite Mullen Automotive Pulls Back After Short Seller Calls Out Company As 'Worst EV Hustle'

Mullen Automotive, Inc. (NASDAQ: MULN) shares pulled back sharply early Wednesday after short seller Hindenburg Research accused the company of being a phony EV play.

Benzinga · Apr 6, 2022

What's Going On With Mullen Automotive Shares Today?

Mullen Automotive Inc (NASDAQ: MULN) shares are trading lower Wednesday after Hindenburg Research issued a short report on the stock. Hindenburg suggests that Mullen will be unable to follow through on several "grand promises" the company has made.

Benzinga · Apr 6, 2022

10 Most Searched Tickers On Benzinga Pro In March: SPY, Tesla Top List; See Where AMC and Hycroft Mining Rank

Each trading day features hundreds of headlines and press releases. Benzinga Pro is a source for traders to see the latest news on the overall market and also on individual tickers. Here is a look at the stocks that were searched for most on Benzinga Pro for the month of…

Benzinga · Apr 2, 2022

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Benzinga · Mar 30, 2022

Why Mullen Automotive Stock Is Surging

Mullen Automotive Inc (NASDAQ: MULN) shares are surging Wednesday after the company's CEO David Michery teased a new customer in an interview with Benzinga.

StockNews.com · Mar 21, 2022

Mullen Automotive vs. Tesla: Which Electric Vehicle Stock Is a Better Buy

Electric vehicle (EV) stocks such as Tesla (TSLA) and Mullen Automotive (MULN) have gained momentum in recent trading sessions. While one is an established company delivering consistent profits, the other is yet to generate any meaningful sales. Let’s see which stock is a better long-term investment.

StockNews.com · Mar 21, 2022

Mullen Automotive vs. Workhorse Group: Which EV Stock is a Better Buy?

In this article I will analyze and compare Mullen Automotive, (MULN) and Workhorse Group (WKHS) to determine which electric vehicle stock is a better buy.

Benzinga · Mar 17, 2022

Why Mullen Automotive Shares Are Trading Higher

Mullen Automotive Inc (NASDAQ: MULN) shares are trading higher after the company announced it was featured by Yahoo Finance Live.

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StockNews.com · Mar 14, 2022

Mullen Automotive vs. Nikola: Which Electric Vehicle Stock is a Better Buy?

In today's article I will analyze and compare Mullen Automotive (MULN) and Nikola (NKLA) to determine which electric vehicle (EV) stock is a better buy.

Benzinga · Mar 14, 2022

What's Going On With Mullen Automotive Shares Today?

Mullen Automotive Inc (NASDAQ: MULN) is surging Monday after the company announced it was featured by CarBuzz.

StockNews.com · Mar 7, 2022

Mullen Automotive vs. Cenntro Electric Group: Which Electric Vehicle Stock is a Better Buy?

Today I'll analyze and compare Mullen Automotive (MULN) and Cenntro Electric Group (CENN) to determine which electriv vehicle stock is currently a better buy.

Benzinga · Feb 28, 2022

Why Mullen Automotive Shares Are Ripping Higher Today

Mullen Automotive Inc (NASDAQ: MULN) is soaring Monday after the company announced progress on its solid-state polymer battery pack development.

StockNews.com · Feb 16, 2022

Down More than 50% So Far This Year, is Now a Good Time to Scoop Up Shares of Mullen Automotive?

Despite the company making several strategic collaborations in pursuit of growth, the shares of electric vehicle company Mullen Automotive (MULN) have retreated nearly 80% in price year-to-date. So, let's evaluate if it is wise to buy the dip in the stock now.

Benzinga · Jan 31, 2022

Mullen Partners With Comau For Body Shop At AMEC Facility

Mullen Automotive Inc (NASDAQ:MULN) has entered into an alliance with Comau, an Italian systems integrator, to build a vehicle body shop at its Advanced Manufacturing and Engineering Center (AMEC) in Tunica, Mississippi. The parties will develop a body shop for the new and upcoming Mullen FIVE EV Crossover. The Mullen FIVE is…

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