Mullen Automotive, Inc. (MULN)
| Market Cap | 173.31K |
| Revenue (ttm) | 4.01M |
| Net Income (ttm) | -524.46M |
| Shares Out | 1.08M |
| EPS (ttm) | -10,751.51 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 66,659,647 |
| Open | 0.210 |
| Previous Close | 0.199 |
| Day's Range | 0.153 - 0.225 |
| 52-Week Range | 0.153 - 47,100.000 |
| Beta | 0.92 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | May 13, 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]
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 StatementsNews
Mullen Makes Additional Cost Cutting Initiatives While Also Announcing Record Increase in GAAP Revenue for Current Fiscal Quarter 2
Company cost cutting initiatives include: • Additional reduction of staff as Company continues to integrate operations. • Further elimination of facilities.
As of March 21, 2025, Mullen has Recognized Record GAAP Quarterly Revenue of $3.18M
Company sees 189% increase in second fiscal quarter GAAP revenue compared to entire 2024 fiscal year GAAP revenue
How are Mullen Automotive, Polestar, Faraday Future stocks doing?
Electric vehicle stocks have been mixed this year, with Chinese brands like XPeng, BYD, and Li Auto doing well. American brands like Tesla, Rivian, and Lucid remained under pressure as their growth sl...
INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Mullen
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Mullen To Contact Him Directly To Discuss Their Options
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Mullen
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Mullen To Contact Him Directly To Discuss Their Options
Mullen Announces Class 1 EV Cargo Van Purchase and Delivery to Orange County, North Carolina
The Mullen ONE EV cargo van will be deployed by Orange County's Solid Waste Management Department, supporting its Climate Action Plan, which aims to transition the county's fleet to all-electric vehic...
National Auto Fleet Group Is Proud to Partner with Mullen Commercial EVs, Which Are Now Approved and Available for Public Sector Purchasing
Mullen Commercial EVs available for purchase on Sourcewell under NAFG's Sourcewell Contract # 091521-NAF which offers Class 1-3 light duty trucks, cars, vans, SUVs, cab chassis, and electric vehicles ...
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...
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...
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
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...
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...
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”)...
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:
Mullen Reports Improved 2024 Financial Results
Company finishes the 2024 fiscal year with growth of national dealer network, increased sales and delivery of vehicles
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...
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...
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...
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
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.
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. ...
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
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...
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.
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...