MULN icon

Mullen Automotive

1.19 USD
+0.00
0.00%
At close Dec 20, 4:00 PM EST
After hours
1.19
+0.00
0.00%
1 day
0.00%
5 days
-23.72%
1 month
-55.93%
3 months
-82.19%
6 months
-99.56%
Year to date
-99.91%
1 year
-99.85%
5 years
-100.00%
10 years
-100.00%
 

About: Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership. The Company owns and partners with several synergistic businesses, all working towards the same goal of creating clean and scalable electric vehicles and energy solutions. The company has two segments Bollinger and Mullen/ELMS, which generates revenue.

Employees: 326

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.38% more ownership

Funds ownership: 4.13% [Q2] → 4.52% (+0.38%) [Q3]

16% less funds holding

Funds holding: 44 [Q2] → 37 (-7) [Q3]

33% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 21

89% less capital invested

Capital invested by funds: $1.57M [Q2] → $170K (-$1.4M) [Q3]

91% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 11

Research analyst outlook

We haven’t received any recent analyst ratings for MULN.

Financial journalist opinion

Based on 12 articles about MULN published over the past 30 days

Neutral
GlobeNewsWire
2 days ago
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 is in position to transition to manufacturing and assembly of high-voltage and low-voltage battery systems in the United States.
Mullen Submits Updated Plan to DOE for Grant Funding Opportunity in US Battery Materials Processing, Requesting $55M in Funding
Neutral
GlobeNewsWire
3 days ago
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
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
Positive
Invezz
5 days ago
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-biggest company in the world.
3 Tesla wannabe companies that may not survive the EV race
Negative
Invezz
5 days ago
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 Automotive stock has imploded: can MULN recover?
Neutral
GlobeNewsWire
1 week ago
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 subsidiary, Bollinger Motors (“Bollinger”), has delivered its first 25 B4 trucks, with a retail sales value of approximately $4.1 million during the nearly three months since the company's September start of production.
Mullen Subsidiary, Bollinger Motors, Announces Class 4 All-Electric Truck Generates Over $4 Million in Post-Production Launch Sales
Neutral
PRNewsWire
1 week ago
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 commercial electric vehicle ("EV") manufacturer, has named Bergey's Truck Centers as an official Bollinger Motors dealer.
BOLLINGER MOTORS GROWS EAST COAST PRESENCE SIGNING BERGEY'S TRUCK CENTERS TO ITS SALES AND SERVICE NETWORK
Neutral
GlobeNewsWire
1 week ago
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
Mullen Subsidiary, Bollinger Motors, Announces Adding Bergey's Truck Centers to Its Sales and Service Network
Neutral
PRNewsWire
1 week ago
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 Motors dealer, strengthening Bollinger Motors' Midwest presence.
BOLLINGER MOTORS STRENGTHENS MIDWEST SALES AND SERVICE PRESENCE WITH BROADWAY FORD TRUCK CENTER
Neutral
GlobeNewsWire
1 week ago
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 NEWSWIRE) -- via IBN – Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that its subsidiary, Bollinger Motors (“Bollinger”), has named St. Louis, Missouri-based Broadway Ford Truck Center (“Broadway”) as an official Bollinger Motors dealer, strengthening its Midwest presence.
Mullen Subsidiary, Bollinger Motors, Partners with Broadway Ford Truck Center to Provide Sales and Service
Neutral
GlobeNewsWire
2 weeks ago
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, via electronic transfer, payment in full for all seven Bollinger B4 trucks with immediate revenue recognition
Mullen Subsidiary, Bollinger Motors, Announces Follow-on Order from TEC Equipment for Seven All-Electric Bollinger B4 Trucks
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