Mullen Automotive’s stock (MULN) is experiencing a decline despite recent positive developments, including a partnership with National Auto Fleet Group for government agency sales of its Bollinger B4 trucks and the availability of its Mullen ONE cargo van on the Turo platform. The company has also successfully delivered its first West Coast batch of Bollinger B4 trucks and its first customer delivery of the B4 Chassis Cab, contributing to revenue generation. Despite these positive strides, MULN shares are down by 9.28% on Friday.