Results for: MULN

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.

Mullen Automotive’s stock (MULN) is experiencing a rise today following the announcement of Bollinger Motors’ first West Coast customer deliveries. This signifies a significant milestone for Bollinger and Mullen, indicating a growing demand for electric commercial vehicles. The move also highlights the potential for significant revenue generation for Mullen in the coming quarter.

Mullen Automotive’s (MULN) stock took a hit on Monday after the company announced that Bollinger Motors founder Robert Bollinger provided $10 million in non-dilutive debt financing to support Bollinger Motors’ production ramp-up and sales of the B4 Class 4 electric vehicle truck. The news comes amidst other developments, including the launch of Mullen Credit Corporation, a revenue target of $75 million, and a 20% headcount reduction.

Mullen Automotive’s stock took a significant dip on Tuesday, despite the company announcing a new partnership with Papé Kenworth to expand its commercial EV dealer network. The decline follows a 1-for-100 reverse stock split, which began trading on Tuesday.

Mullen Automotive’s stock price is taking a hit today after the company announced a 1-for-100 reverse stock split, aimed at boosting its share price to meet Nasdaq listing requirements. However, the move has raised concerns among investors.

Mullen Automotive’s stock (MULN) continues its downward trend, despite a new partnership between its subsidiary, Bollinger Motors, and Texas Consulting & Development (TCD). This partnership will see Bollinger B4 Class 4 trucks used in TCD’s bundled service for ports and related industries, aiming to boost Bollinger’s market penetration and clean energy solutions.

Mullen Automotive, Inc. (MULN) stock surged after the company secured a significant purchase agreement with UAE’s Volt Mobility. The deal involves the delivery of 3,000 Class 1 and Class 3 electric cargo vans and trucks over the next 16 months, generating an estimated $210 million in revenue for Mullen. Volt plans to lease these vehicles to businesses across the Middle East, signifying Mullen’s expansion into a new market.