Mullen Automotive, Inc. (MULN)

NASDAQ: MULN · IEX Real-Time Price · USD
5.62
+0.02 (0.36%)
At close: May 16, 2024, 4:00 PM
5.60
-0.02 (-0.36%)
After-hours: May 16, 2024, 7:04 PM EDT
0.36%
Market Cap 36.89M
Revenue (ttm) 399,335
Net Income (ttm) -674.98M
Shares Out 6.55M
EPS (ttm) 2,821.15
PE Ratio 0.00
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,161,983
Open 5.60
Previous Close 5.60
Day's Range 5.48 - 6.13
52-Week Range 2.36 - 1,125.00
Beta 0.82
Analysts n/a
Price Target n/a
Earnings Date May 14, 2024

About MULN

Mullen Automotive, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California. [Read more]

Founded 2014
Employees 326
Stock Exchange NASDAQ
Ticker Symbol MULN
Full Company Profile

Financial Performance

Financial Statements

News

Mullen Reports Q2 2024 Fiscal Quarter Results

Positive stockholders' equity of $117,414,643 as of March 31, 2024 Company has additional $150 million in capital commitments to support the scaling of commercial EV operations BREA, Calif., May 14, 2...

2 days ago - GlobeNewsWire

EV maker Mullen now has enough cash to fund operations for more than a year

Shares of Mullen Automotive Inc. rallied Tuesday after the maker of commercial electric vehicles announced new financing commitments that give it access to enough cash to run its business for more tha...

2 days ago - Market Watch

Mullen Announces $150 Million Financing Commitment

$150 million capital infusion allows Mullen and Bollinger to operate and expand domestic and international commercial sales efforts

2 days ago - GlobeNewsWire

U.S. Department of Commerce Approves Mullen's Tunica, Miss., Facility as Foreign Trade Zone

Approval delivers up to $21 million in deferred duty for the remainder of FY2024 and FY2025 and supports Company's focus on American manufacturing jobs Approval delivers up to $21 million in deferred ...

7 days ago - GlobeNewsWire

Very good news for Mullen (MULN) stock but the core risk remains

Mullen Automotive (NASDAQ: MULN) stock price is roaring back even as other electric vehicle (EV) stocks like Rivian and Lucid Motors plunge. It has soared by over 200% from its lowest point this year ...

7 days ago - Invezz

Bollinger Motors Taps Amerit Fleet Solutions for Mobile Service & Warranty for the Company's B4 All-Electric Class 4 Commercial Truck

DETROIT , May 7, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, and Amerit Fleet Solutions ("Amerit"), a leading provider of customized fleet maintena...

9 days ago - PRNewsWire

Mullen Announces Bollinger Motors Taps Amerit Fleet Solutions for Mobile Service and Warranty for the Company's B4 All-Electric Class 4 Commercial Truck

BREA, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today its subsidiary, ...

9 days ago - GlobeNewsWire

Mullen Signs Agreement with California Based and HVIP Approved, National Auto Fleet Group

NAFG, a Sourcewell contract awardee, with two awarded contracts ( #091521-NAF and #060920-NAF) , provides fleet vehicle purchasing to state, local government and educational institutions with near-ter...

10 days ago - GlobeNewsWire

Mullen Announces Adoption of Limited Duration Stockholder Rights Plan

The Rights Agreement is intended to promote the fair and equal treatment of all stockholders and is similar to rights plans adopted by other publicly held companies The Rights Agreement is intended to...

10 days ago - GlobeNewsWire

Mullen Adds One of the Largest US Commercial Dealers, Pritchard EV, to Dealer Network

Pritchard EV is a nationally known leader in fleet sales and a pioneer in commercial EV sales Mullen EV fleet vehicles now available for immediate order and delivery through Pritchard EV, an authorize...

15 days ago - GlobeNewsWire

Mullen Automotive (MULN) stock price short squeezed: is it a buy?

Mullen Automotive (NASDAQ: MULN) stock price went vertical on Monday, making it one of the best performers in Wall Street. It surged by over 85% in the regular session and continued the move by rising...

16 days ago - Invezz

Mullen EV truck's net cost can be as low as $16,000 after HVIP approval

Shares of Mullen Automotive Inc. soared Monday, after the electric vehicle maker said its Mullen Three truck received HVIP approval, which combined with the federal tax credit could lower the cost of ...

17 days ago - Market Watch

California Issues HVIP Approval, Granting Mullen's Class 3 EV Trucks a $45,000 Cash Voucher Per Vehicle Sold

Under HVIP, the Mullen THREE EV truck, with a suggested MSRP of $68,500, now qualifies for a rebate of up to $45,000.

17 days ago - GlobeNewsWire

Mullen Automotive ($MULN) Receives Emissions Standards Certification from CARB for Mullen 3 Chassis

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle manufacturer, has announced certification from the California Air Resources Board for its 2025 Mullen THREE Class 3 all-electric low cab ...

20 days ago - Green Stock News

Mullen Announces New CARB Approval for 2025 Class 3 EV Cab Chassis Truck

Company now in receipt of CARB approval for both 2024 and 2025 Class 3 Model Years CARB certification takes on even more significance with the recent Advanced Clean Fleets (“ACF”) regulation, which re...

21 days ago - GlobeNewsWire

Mullen's New High Energy Facility Marks Phase One Completion of Battery Pack Assembly Line

Mullen is dedicated to producing next-generation, American-made EV battery packs

24 days ago - GlobeNewsWire

Tesla, Nikola, Mullen, Nio, Canoo stocks brace for a crucial week

Tesla (NASDAQ: TSLA) stock price has continued crashing hard this year and the plot could thicken this week. It has plunged by over 40% this year, shedding billions of dollars in value, making it the ...

Other symbols: GOEVNIONKLATSLA
24 days ago - Invezz

Mullen Achieves Manufacturing Milestone with 500th Commercial Vehicle Produced

In April 2024, Mullen has 18 active commercial vehicle pilots underway with fleets, municipalities, universities and campuses In April 2024, Mullen has 18 active commercial vehicle pilots underway wit...

4 weeks ago - GlobeNewsWire

MULN stock: Mullen's collapse from $725 million to near zero

Mullen Automotive (NASDAQ: MULN) stock price continued its strong sell-off this week, becoming one of the worst-performing electric vehicle companies in Wall Street. It has plunged by over 73% this ye...

4 weeks ago - Invezz

EV maker Mullen is making big cost cuts, moving away from the consumer market

Shares of Mullen Automotive bounced Monday off a record low, after the troubled electric vehicle maker said it has started making “significant” cost cuts, as it changes its focus on its commercial EV ...

5 weeks ago - Market Watch

Mullen Streamlines Business Operations to Focus on Near Term Commercial Opportunities

Cost saving initiatives aimed at reducing operating and investing cash flows by approximately $170 million over the next 12 months when compared to operating and investing cash flows reported for the ...

5 weeks ago - GlobeNewsWire

Mullen Continues Prioritization of Commercial EVs

Company expands sales team in support of commercial vehicle sales initiatives with focus on Last Mile Delivery, Regional Fleets and Fleet Management Companies Company expands sales team in support of ...

2 months ago - GlobeNewsWire

Fisker could go bankrupt: are Mullen (MULN), Canoo, Faraday Future next?

I wrote about Fisker (NYSE: FSR) stock on Wednesday and warned that the company was between a rock and a hard place. In that article, I explained that the chances of a bankruptcy were extremely high a...

Other symbols: FFIEGOEV
2 months ago - Invezz

Mullen Automotive Provides Timeline Update on US Government Ruling for Class 1 EV Cargo Vans

CBP has informed counsel that a final determination on the ruling request needs to be issued by the GSA CBP has informed counsel that a final determination on the ruling request needs to be issued by ...

2 months ago - GlobeNewsWire

Mullen stock is up 12% on Thursday: what happened?

Mullen Automotive Inc (NASDAQ: MULN) is up nearly 13% on Thursday after regaining compliance with requirements to remain listed on Nasdaq. $MULN to remain listed on Nasdaq The electric vehicles compan...

2 months ago - Invezz