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Mullen Automotive Inc

Mullen Automotive Inc (MULN)

1.19
0.00
(0.00%)
Closed December 21 3:00PM
1.19
0.00
(0.00%)
After Hours: 6:58PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
1.19
Bid
1.14
Ask
1.99
Volume
1,681,444
1.14 Day's Range 1.27
1.17 52 Week Range 1,870.00
Market Cap
Previous Close
1.19
Open
1.20
Last Trade
25
@
1.21
Last Trade Time
Financial Volume
US$ 2,036,102
VWAP
1.2109
Average Volume (3m)
3,481,258
Shares Outstanding
1,617,115
Dividend Yield
-
PE Ratio
-0.02
Earnings Per Share (EPS)
-596.68
Revenue
366k
Net Profit
-964.89M

About Mullen Automotive Inc

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. 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.

Sector
Cmp Processing,data Prep Svc
Industry
Blank Checks
Headquarters
Dover, Delaware, USA
Founded
2012
Mullen Automotive Inc is listed in the Cmp Processing,data Prep Svc sector of the NASDAQ with ticker MULN. The last closing price for Mullen Automotive was US$1.19. Over the last year, Mullen Automotive shares have traded in a share price range of US$ 1.17 to US$ 1,870.00.

Mullen Automotive currently has 1,617,115 shares outstanding. The market capitalization of Mullen Automotive is US$1.92 million. Mullen Automotive has a price to earnings ratio (PE ratio) of -0.02.

MULN Latest News

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...

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 Since Sept. 30, 2024, Mullen has sold and delivered 57 Class 3...

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) (β€œMullen” or the β€œCompany”), an electric vehicle (β€œEV”) manufacturer, announces today that its...

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

BOLLINGER MOTORS GROWS EAST COAST PRESENCE SIGNING BERGEY'S TRUCK CENTERS TO ITS SALES AND SERVICE NETWORK PR Newswire OAK PARK, Mich., Dec. 11, 2024 Addition of Respected Commercial Dealer Group...

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

Addition of respected commercial group, with dealerships in Delaware, Maryland, New Jersey and Pennsylvania, increases Bollinger Motors’ national dealer network to over 50 locations BREA, Calif...

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

BOLLINGER MOTORS STRENGTHENS MIDWEST SALES AND SERVICE PRESENCE WITH BROADWAY FORD TRUCK CENTER PR Newswire OAK PARK, Mich., Dec. 9, 2024 OAK PARK, Mich., Dec. 9, 2024 /PRNewswire/ -- Bollinger...

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...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.53-30.81395348841.721.731.1734489901.32685651CS
4-1.96-62.22222222223.153.19991.1720922521.8416291CS
12-2.97-71.39423076924.164.1681.1734812582.64109977CS
26-249.81-99.5258964143251281.971.171848141831.28491422CS
52-848.81-99.8685018701.1711364967147.41773993CS
156-559738.089531-99.999787401559739.279531620223.9269531.1710151426547474.6319065CS
260-1281453.20453-99.99990713681281454.394531628984.826331.179768584947983.5592284CS

MULN - Frequently Asked Questions (FAQ)

What is the current Mullen Automotive share price?
The current share price of Mullen Automotive is US$ 1.19
How many Mullen Automotive shares are in issue?
Mullen Automotive has 1,617,115 shares in issue
What is the market cap of Mullen Automotive?
The market capitalisation of Mullen Automotive is USD 1.92M
What is the 1 year trading range for Mullen Automotive share price?
Mullen Automotive has traded in the range of US$ 1.17 to US$ 1,870.00 during the past year
What is the PE ratio of Mullen Automotive?
The price to earnings ratio of Mullen Automotive is -0.02
What is the cash to sales ratio of Mullen Automotive?
The cash to sales ratio of Mullen Automotive is 57.84
What is the reporting currency for Mullen Automotive?
Mullen Automotive reports financial results in USD
What is the latest annual turnover for Mullen Automotive?
The latest annual turnover of Mullen Automotive is USD 366k
What is the latest annual profit for Mullen Automotive?
The latest annual profit of Mullen Automotive is USD -964.89M
What is the registered address of Mullen Automotive?
The registered address for Mullen Automotive is 3500 S DUPONT HWY, DOVER, DELAWARE, 19901
What is the Mullen Automotive website address?
The website address for Mullen Automotive is www.mullenusa.com
Which industry sector does Mullen Automotive operate in?
Mullen Automotive operates in the BLANK CHECKS sector

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MULN Discussion

View Posts
Dragon Lady Dragon Lady 1 day ago
$MULN CON: SUB $1 BUCK BEFORE YR END !!!

💀 ☠️ 💀 ☠️ 💀 ☠️ 💀 ☠️ 💀 ☠️

I "called" it MONTHS AGO...... that this crime scene shit heap DIRTY DAVE aka THE FAT MAN aka THE GREASER big ole SCAM would be SUB $1 SHITTY BUCK before the start of 2025.....

I STAND BY MY "CALL"......$MULN aka MULN-a-CRIME..... will tag 99 CENTS or LOWER before the end of yr 2024......

MULN, new 52 week low

AND THEN......THE NEXT REVERSE SPLIT "CYCLE" will begin ASAP.......

They LOST A MASSIVE LEGAL SETTLEMENT and are going to NEW DILUTE 30 Ma Ma Ma MILLION PLUS in gutter shit shares.....which will drive this shit heap to NEW ALL TIME LOWS RAPIDLY......

CURRENT "REAL PRICE" when accounting for literal 1 for 2,225,000 CUMULATIVE REAL REVERSE SPLITS all done in just over ONE SHORT YEAR WTF....


$1.20 / 2,225,000 real splits = .000000629 PER WORTHLESS SHIT SHARE !!

MULN-a-CON.....this CRIME SCENE IS FINISHED.....BK or INDICTMENTS or bust-up in yr 2025......thee end......

MULLENS-a-CoN FRAUD TRACKER....

1. FORTUNE 500 A SCAM and JOINT PR NEVER HAPPENED FROM SAME WTF ????
2. What is up with the 130 patents that were filed a year ago?
3. What happened to the DelPack Logistics deal from last year?
4. Where are the atmospheric drinking water devices from 10 months ago?
5. Where is the 5 RS from 9 months ago?
6. The ELMS assets were purchased 9 months ago, and no updates?
7. How many i-GO’s have been sold?
8. Where is Mullen with the Loop Global partnership?
9. What is going on with the Menzie’s deal from 4 months ago?
10. Where is the sportscar you claimed to offer from Qiantu from 3 months ago?
11. …Rapid Response Defense Systems deal from 3 months ago?
12. Intersection Media lawsuit?
13. Solid-state Polymer Batteries that were going to change the world, lol?
14. MAEO – Hardge with technology that was going to change the world 2 months ago?
15. DC Public Works deal from a month ago?
16. UNC Charlotte?

https://www.reddit.com/r/Muln/comments/13lukcs/court_order_rescinding_expungement_for_hardges/

https://youtu.be/T3vtsNR1z-8



CONS HELPING CONS....MULN-a-SCAM....LMAO.....can't even make this crap up it's so freaking dirty and B A D ....BAD BAD BAD......:))

https://twitter.com/PostHoc94107/status/1659319970302681088

https://www.vicksburgpost.com/2001/08/29/city-man-pleads-guilty-to-securities-laws-violations/



https://twitter.com/HindenburgRes/status/1511700730004000776

https://twitter.com/HindenburgRes/status/1511700707702980613

https://twitter.com/HindenburgRes/status/1511700691072466952

SCAM....SCAM....SCAM......:))
💀 1
Wayne R Wayne R 1 day ago
Imagine if anyone had simply thrown a dart at a list of stocks, blind folded, two years ago, they would have made a better stock pick, or missed the list completely and be better off today than have run into this trash as an investment
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bot818 bot818 2 days ago
maybe another reverse split ????? lol
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Monksdream Monksdream 2 days ago
MULN, new 52 week low
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KngmAz KngmAz 2 days ago
Wall Street seems to agree with you. Down she goes. Sad.
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Wayne R Wayne R 2 days ago
Nice news today, begging the government for 55 milion

At least, that is how I read it
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KngmAz KngmAz 2 days ago
Just more people losing even more money. Sad.
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KngmAz KngmAz 3 days ago
Yeah - you would think but that is obviously not the case. Sad.
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TenKay TenKay 3 days ago
Some people might get a clue after it is down 90% and try to preserve some capital
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KngmAz KngmAz 3 days ago
Actually you will eventually lose ALL of it. YOU REALLY JUST CAN'T FIX STUPID!!
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TenKay TenKay 3 days ago
It is bizarre...the only thing that is certain is that if your put money into MULN you will lose most of it.

This stock has lost the equivalent of 90% SEVEN TIMES OVER....there is no bottom. There never will be.

Just makes me SMH.
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KngmAz KngmAz 3 days ago
Fun to watch people being stupid and lose even more money. Oh well.
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player1234 player1234 3 days ago
"sales" for Mullen means absolutely nothing. Somehow, over the years their "sales" have resulted in no revenue.

Cash burn is way down because they've stopped trying to import things and laid off many of their workers.

But hey, DM will still get a bonus
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Bubae Bubae 3 days ago
I would focus on those heavily subsidized Chinese trucks while it lasts. They will cut this shite out at the federal level soon. However, it is my hope is that the California taxpayer continues to get fleeced. The sooner California goes broke the better. Have to believe that investors will wise up sooner or later.


California Issues HVIP Approval, Granting Bollinger Motors, Class 4 EV Truck a $60,000 Cash Voucher Per Vehicle Sold
PR Newswire Mon, November 18, 2024
https://finance.yahoo.com/news/california-issues-hvip-approval-granting-143000965.html

Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000

When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $60,000




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TenKay TenKay 3 days ago
The primary reason they have been able to reduce the cash burn is they have slowed things down at Tunica significantly. The vans just aren't selling at any meaningful rate.
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Bubae Bubae 3 days ago
The daily press release is in. Hey, they aren't burning through your monthly trading losses quite as fast as they used to. That is good right? 🙄 Come on just one more reverse split should do it. Really, just one more. 😆 Watch those EV subsidies secured by more government borrowing dry up after January 20th. Especially for this tax payer subsidized, Chinese supplied EV maker.

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
December 18, 2024 09:20 ET | Source: Mullen Automotive, Inc.
https://www.globenewswire.com/news-release/2024/12/18/2999130/0/en/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.html
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




















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KngmAz KngmAz 3 days ago
Soon. Good luck.
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m$teamworkotc m$teamworkotc 4 days ago
criminal f-ing enterprise here and the SEC and DOJ sleep....whens the next r/s?
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Monksdream Monksdream 4 days ago
MULN, new 52 week low
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KngmAz KngmAz 4 days ago
Yep - as they say STUPID IS AS STUPID DOES!!
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player1234 player1234 4 days ago
It's not a scam. It was easy to see the truth and many people saw it.

What it is, is a trap for the stupid and gullible. Nothing more, nothing less

Darwinism at its best
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m$teamworkotc m$teamworkotc 5 days ago
how is this scam still going and michery/AULT others not indicted?
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Monksdream Monksdream 5 days ago
MULN, new 52 week low
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KngmAz KngmAz 5 days ago
OUCH - Well just remember that YOU WERE WARNED - MANY TIMES!!
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Wayne R Wayne R 6 days ago
I suppose an SEC complaint once a week, every week, could push them to halt it just so they don't have to read your messages anymore.

Or daily if you are really motivated...
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m$teamworkotc m$teamworkotc 6 days ago
wheres the SEC? DOJ? this is blatant fraud constantly enriching INSIDERS only
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Wayne R Wayne R 7 days ago
I paid attention to the date of the filing and not the date of the sale. My bad.

Still equals scandal.
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Bubae Bubae 1 week ago
You would think that there would be a note in Q2 explaining the more than $1.2 million in shares to the Chief Accounting Officer Chester Bragado. A search of the Q2 filing PDF for the persons position or name returns nothing. I do see a line item on page 6, "Share-based compensation" for $68,391,614 for the three months ended June 30th. This for a company that receives heavy subsidies from the tax payers? It is a good thing we passed the so called "Inflation Reduction Act" or these poor deprived EV companies would really be struggling. 🙄 These insiders do very well fleecing tax payers AND those who buy a stock that is constantly splitting. Is it any wonder why the U.S. runs a nearly two trillion dollar annual deficit?

For the quarterly period ended June 30, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001499961/000143774924026065/muln20240630c_10q.htm


California Issues HVIP Approval, Granting Bollinger Motors, Class 4 EV Truck a $60,000 Cash Voucher Per Vehicle Sold
PR Newswire Mon, November 18, 2024
https://finance.yahoo.com/news/california-issues-hvip-approval-granting-143000965.html

Under HVIP, the Bollinger B4 electric truck, with a suggested MSRP of $158,758, now qualifies for a rebate of up to $60,000

When combined with the available $40,000 federal tax credit, the net effective cost of the Bollinger B4 would be less than $60,000


Electric vehicle subsidies take cash from ordinary Americans to benefit the rich
https://www.foxnews.com/opinion/electric-vehicle-subsidies-take-cash-ordinary-americans

Democrats' Inflation Reduction Act includes another lavish EV subsidy for the rich and famous
https://www.foxnews.com/opinion/electric-vehicle-subsidies-take-cash-ordinary-americans















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Bubae Bubae 1 week ago
That is a from 4 for a May transaction that didn't get filed until yesterday.? I missed it because it wasn't listed under the main body on the SEC EDGARS. You have to go over to the Selected Filings and expand the "Ownership Disclosures" section. It is sort of tucked away. So the Chief Accounting Officer received shares priced at zero on May 16th 2024 and turned around and sold them four days later for more than $1.2 million. Just in case anyone was interested in where some of their trading losses went. With that much cash being handed out you would think politicians have to be involved somewhere. 😆 Like handing out tax payer money, Easy come easy go.

https://www.sec.gov/Archives/edgar/data/1499961/000182912624008312/xslF345X05/ownership.xml









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Wayne R Wayne R 1 week ago
You missed the form4

https://ih.advfn.com/stock-market/NASDAQ/mullen-automotive-MULN/stock-news/95097537/form-4-statement-of-changes-in-beneficial-owners

The Chief accounting officer dumped all the shares he had left.

Doesn't instill a lot of confidence
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Wayne R Wayne R 1 week ago
sophisticated investors

LMAO. I think the correct term is sophisticated divesters
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Bubae Bubae 1 week ago
New 8K out. Why anyone would continue to play with this stock defies common sense. See page 43 and 44 of the Q1 referenced in the 8K.



FORM 8K December 12, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001499961/000182912624008313/mullenautomotive_8k.htm

Item 3.02 Unregistered Sales of Equity Securities.

The disclosure required by this Item is included above in Item 1.01 of this Current Report on Form 8-K and is incorporated herein by reference. The issuance o the Notes and Warrants have been, and the issuance of additional Notes and Warrants pursuant to the Additional Investment Rights Agreement will be, issued, and upon conversion or exercise thereof, as applicable, the shares of Common Stock will be issued, pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the β€œSecurities Act”), pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act.


Google AI Overview

"Pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act" means that a company is selling securities without needing to register them with the SEC because the sale is considered a "private placement" - a transaction where securities are offered to a limited group of sophisticated investors and does not involve a public offering, as allowed under Section 4(a)(2) of the Securities Act of 1933.

For the quarterly period ended March 31, 2024
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001499961/000143774924016668/muln20240331_10q.htm







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Wayne R Wayne R 1 week ago
SHORTS ARE, um, perhaps, eating sandwiches and ignoring this stock.
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Wayne R Wayne R 1 week ago
A 3 year chart or 2 would be more self explanatory about what a total piece of crap this really is.
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Monksdream Monksdream 1 week ago
MULN, new 52 week low
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Wayne R Wayne R 1 week ago
Wishful thinking
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KngmAz KngmAz 1 week ago
IT'S FINALLY OVER - DONE - R.I.P. - THANK GOD!!
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m$teamworkotc m$teamworkotc 1 week ago
MICHERY indicted yet?
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Wayne R Wayne R 1 week ago
IMO when the dust settles there will be nothing, zip, zero.

Buy more if you want, I don't know shit from chocolate
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Dingbatt Dingbatt 1 week ago
It’s Good News Week Lyrics
It's good news week
Someone's dropped a bomb somewhere
Contaminating atmosphere
And blackening the sky

It's good news week
Someone's found a way to give
The rotting dead a will to live
Go on and never die

Have you heard the news
What did it say?
Who's won that race?
What's the weather like today?

It's good news week
Families shake the need for gold
By stimulating birth control
We're wanting less to eat

It's good news week
Doctors finding many ways
Of wrapping brains on metal trays
To keep us from the heat

It's good news week
Someone's dropped a bomb somewhere
Contaminating atmosphere
And blackening the sky
πŸ‘οΈ0
Wayne R Wayne R 1 week ago
Oh I think end of year, a 20 million judgement might be changing how fast this heads to 0.

BWTFDIK?
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SmellMyFinger SmellMyFinger 1 week ago
Nothing changes with this stock's price action pattern.
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Wayne R Wayne R 1 week ago
Is davie boyo Santa?

πŸ‘οΈ0
Wayne R Wayne R 1 week ago
Those guys from the judgement want their cash
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KngmAz KngmAz 1 week ago
Wow - TIMBER - LOOK OUT BELOW!!
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Wayne R Wayne R 1 week ago
Whoever managed to get paid to pump it deserves to be fined or imprisoned along with the rest.

Just my opinion.
👍️ 1
KngmAz KngmAz 1 week ago
Feel sorry for those people. Hate to see people lose all of their money. Sad.
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KngmAz KngmAz 1 week ago
.....and yet they keep buying - YOU REALLY CAN'T FIX STUPID!!
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double_m double_m 1 week ago
For anyone left on this board that still has faith in the POS company and scumbag 💩 CEO, AKA Mr. Hankey, AKA Manboobs, here's a video explaining why this company's demise is closer than at any time in recent memory!

Mullen Automotive’s $20M Court Order & Share Crisis Explained $muln
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KngmAz KngmAz 1 week ago
Oh well - Hey - MAYBE ANOTHER REVERSE STOCK SPLIT WOULD HELP!!
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