Mullen Automotive, Inc. (MULN)

NASDAQ: MULN · Real-Time Price · USD
5.14
-2.01 (-28.11%)
At close: Feb 20, 2025, 4:00 PM
5.11
-0.03 (-0.57%)
Pre-market: Feb 21, 2025, 9:12 AM EST
-28.11%
Market Cap 5.29M
Revenue (ttm) 4.01M
Net Income (ttm) -524.46M
Shares Out 1.03M
EPS (ttm) -10,751.44
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,297,119
Open 6.76
Previous Close 7.15
Day's Range 4.95 - 6.83
52-Week Range 4.95 - 49,080.00
Beta 0.79
Analysts n/a
Price Target n/a
Earnings Date Feb 19, 2025

About MULN

Mullen Automotive, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles in the United States. The company operates in two segments, Bollinger and Mullen Commercial. Its products include passenger and commercial vehicles; and provides battery system technology. The company is headquartered in Brea, California. [Read more]

Founded 2014
Employees 388
Stock Exchange NASDAQ
Ticker Symbol MULN
Full Company Profile

Financial Performance

In 2024, Mullen Automotive's revenue was $1.09 million, an increase of 199.00% compared to the previous year's $366,000. Losses were -$470.96 million, -51.19% less than in 2023.

Financial Statements

News

Bollinger Motors Partners with EO Charging to Provide Cost-Effective Fleet Electrification Solutions

OAK PARK, Mich. , Feb. 20, 2025 /PRNewswire/ -- Bollinger Motors, Inc. has announced a strategic partnership with EO Charging, a global pioneer in electric vehicle (EV) charging solutions for depot-ba...

23 hours ago - PRNewsWire

Mullen Subsidiary, Bollinger Motors, Partners with EO Charging to Provide Cost-Effective Fleet Electrification Solutions

EO to power EV charging infrastructure, equipment and technology solutions for Bollinger's dealers and customers EO to power EV charging infrastructure, equipment and technology solutions for Bollinge...

1 day ago - GlobeNewsWire

Mullen Reports Financial Results for the Three Months Ended Dec. 31, 2024

Company achieves strongest quarter results to date with $4.4M invoiced and $6M received on vehicles delivered

2 days ago - GlobeNewsWire

Rosen Law Firm Urges Mullen Automotive, Inc. (NASDAQ: MULN) Stockholders to Contact the Firm for Information About Their Rights

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of securities of Mullen Automotive, Inc. (NASDAQ...

2 days ago - Business Wire

Mullen Automotive Inc. Announces Reverse Stock Split Effective Feb. 18, 2025

BREA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announced today that it will effe...

7 days ago - GlobeNewsWire

SSR Mining Appoints Laura Mullen to Board of Directors

DENVER--(BUSINESS WIRE)--SSR Mining Inc. (Nasdaq/TSX: SSRM, ASX: SSR) ("SSR Mining" or the “Company") is pleased to announce the appointment of Ms. Laura Mullen to its Board of Directors (the “Board”)...

Other symbols: SSRM
18 days ago - Business Wire

Mullen Completes Purchase of Additional Nikola Battery Assets for US Battery Production

Upon installation of new assets which were recently delivered on Jan. 27, 2025, the Company's Fullerton facility will have the following battery production lines and testing capabilities:

21 days ago - GlobeNewsWire

Mullen Reports Improved 2024 Financial Results

Company finishes the 2024 fiscal year with growth of national dealer network, increased sales and delivery of vehicles

27 days ago - GlobeNewsWire

Mullen Receives Expected Nasdaq Notice Regarding Delayed Form 10-K

BREA, Calif., Jan. 22, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle manufacturer, today announces that it receive...

4 weeks ago - GlobeNewsWire

Mullen Automotive stock analysis: Will MULN survive in 2025?

Mullen Automotive stock price crashed to a record low, erasing millions of dollars in value, and making it one of the worst-performing companies in the United States. MULN has become a penny stock tra...

5 weeks ago - Invezz

What's driving Mullen stock's 70% surge this Tuesday?

Mullen Automotive Inc (NASDAQ: MULN) is up 70% in premarket even though there hasn't been any particular news that could have catalysed such a meaningful rally in shares of the electric vehicles compa...

7 weeks ago - Invezz

Mullen Announces Sale of Mullen ONE to Mr. Appliance Franchisee of Owings Mills, Maryland, Expanding into the Home Service Vertical

Mr. Appliance is a leading national home service brand from Neighborly Mr. Appliance is a leading national home service brand from Neighborly

7 weeks ago - GlobeNewsWire

Westland Floral Purchases Mullen Class 3 EV Trucks for Southern California Landscaping Fleet

Westland's Class 3 service body upfits completed by Phenix Truck Bodies & Van Equipment. Vehicle order fulfilled by Pritchard and includes California HVIP incentives approval on vehicles purchased.

2 months ago - GlobeNewsWire

Mullen Submits Updated Plan to DOE for Grant Funding Opportunity in US Battery Materials Processing, Requesting $55M in Funding

On Dec. 17, 2024, Mullen Automotive submitted a modified plan to the DOE that incorporates its facilities in Mishawaka, Indiana, and Fullerton, California, for U.S.-based battery and pack production. ...

2 months ago - GlobeNewsWire

Mullen Announces 100 Class 1 and Class 3 EV Shipments with Sales Totaling $5.5M Through Dec. 18, While Reducing Company Burn to $5.3M Monthly Compared to $16.8M in August 2024

Company has reduced monthly burn from $16.8M in August 2024 to $11.8M in September 2024 and to $5.3M in October and November 2024

2 months ago - GlobeNewsWire

3 Tesla wannabe companies that may not survive the EV race

Electric vehicle stocks have diverged this year. On the one hand, we have Tesla whose shares have surged to a record high, giving it a market cap of over $1.4 trillion, and making it the eighth-bigges...

Other symbols: FFIE
2 months ago - Invezz

Mullen Automotive stock has imploded: can MULN recover?

Mullen Automotive (MULN) stock price has crashed this year, as concerns about the company remained. It has plummeted by 99% this year, making it one of the worst-performing companies in Wall Street.

2 months ago - Invezz

Mullen Subsidiary, Bollinger Motors, Announces Class 4 All-Electric Truck Generates Over $4 Million in Post-Production Launch Sales

BREA, Calif., Dec. 12, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidi...

2 months ago - GlobeNewsWire

BOLLINGER MOTORS GROWS EAST COAST PRESENCE SIGNING BERGEY'S TRUCK CENTERS TO ITS SALES AND SERVICE NETWORK

Addition of Respected Commercial Dealer Group Increases Bollinger Motors' National Dealer Network to Over Fifty Locations OAK PARK, Mich. , Dec. 11, 2024 /PRNewswire/ -- Bollinger Motors , Inc., a com...

2 months ago - PRNewsWire

Mullen Subsidiary, Bollinger Motors, Announces Adding Bergey's Truck Centers to Its Sales and Service Network

Bollinger has delivered and received payment on initial order of B4 Trucks Bollinger has delivered and received payment on initial order of B4 Trucks

2 months ago - GlobeNewsWire

BOLLINGER MOTORS STRENGTHENS MIDWEST SALES AND SERVICE PRESENCE WITH BROADWAY FORD TRUCK CENTER

OAK PARK, Mich. , Dec. 9, 2024 /PRNewswire/ -- Bollinger Motors, Inc. , a commercial electric vehicle ("EV") manufacturer, has named St. Louis-based Broadway Ford Truck Center as an official Bollinger...

2 months ago - PRNewsWire

Mullen Subsidiary, Bollinger Motors, Partners with Broadway Ford Truck Center to Provide Sales and Service

Broadway Ford Truck Center is a great addition to Bollinger's growing dealer network Broadway to play a key role in strengthening Bollinger's Midwest presence BREA, Calif., Dec. 09, 2024 (GLOBE NEWSWI...

2 months ago - GlobeNewsWire

Mullen Subsidiary, Bollinger Motors, Announces Follow-on Order from TEC Equipment for Seven All-Electric Bollinger B4 Trucks

On Dec. 2. 2024, Bollinger Motors received, via electronic transfer, payment in full for all seven Bollinger B4 trucks with immediate revenue recognition On Dec. 2. 2024, Bollinger Motors received, vi...

2 months ago - GlobeNewsWire

Mullen Announces Papé and Emerald Transportation's Refrigerated Solution for the Mullen Class 3 EV Truck

Emerald is a leading commercial vehicle manufacturer and seller of refrigerated trucks and vans The refrigerated Class 3 EV box truck opens new rapidly expanding categories for home delivery, frozen f...

3 months ago - GlobeNewsWire

Mullen Ramping Up for Start of US Battery Production

Anticipated start of production to begin in mid-2025 To date, Mullen has installed three battery lines at its Fullerton facility and planned for an additional two lines High volume standard battery ch...

3 months ago - GlobeNewsWire