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GOOGL   133.30 (-0.65%)
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NVDA   446.75 (-0.24%)
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NIO   8.53 (-2.96%)
BABA   84.59 (-2.24%)
AMD   102.05 (-1.18%)
T   14.68 (+0.07%)
F   12.22 (-0.73%)
MU   67.17 (-1.16%)
CGC   0.72 (-2.04%)
GE   108.00 (-0.73%)
DIS   81.05 (-0.76%)
AMC   8.07 (-0.98%)
PFE   33.78 (-0.47%)
PYPL   58.00 (-0.96%)
NFLX   377.50 (-0.74%)
NASDAQ:MULN

Mullen Automotive (MULN) Stock Forecast, Price & News

$0.45
+0.00 (+0.18%)
(As of 09:09 AM ET)
Compare
Today's Range
$0.45
$0.45
50-Day Range
$0.42
$1.23
52-Week Range
$0.39
$137.25
Volume
620,092 shs
Average Volume
25.27 million shs
Market Capitalization
$83.02 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Mullen Automotive MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
14.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.79mentions of Mullen Automotive in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$99,999 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Auto/Tires/Trucks Sector

71st out of 96 stocks

Data Processing & Preparation Industry

52nd out of 64 stocks


MULN stock logo

About Mullen Automotive (NASDAQ:MULN) Stock

Mullen Automotive, Inc., an electric vehicle company was founded in 2014 and is based in Brea, California. Mullen Automotive, Inc is the result of a merger between Coda automotive and Mullen Motorcars. The two companies were complementary to each other and resulted in a new business with the capability to design and manufacture world-class EVs.

Mullen Automotive, Inc was founded by David Michery who is now the company’s CEO and chairman. Mr. Michery has over 25 years of executive management experience and is instrumental in creating the company’s brand and vision.

Today, the company is focused on making green technology greener by improving on battery technology, and EV efficiency, and has several vehicles slated for production as well as other EV-related ventures. Among the company’s many goals are to build EVs entirely in the US for the US consumer making them accessible to a wider range of drivers. The company offers an end-to-end EV experience that begins in the design room and ends at the service station.

The company’s flagship vehicle is the FIVE, an all-electric compact SUV crossover with a range of up to 325 miles per charge. The FIVE is the first of several vehicle platforms under development including the Dragonfly and a line of final-mile delivery vehicles. The Dragonfly is an all-EV high-performance sports car that can go 0-60 in 4.6 seconds and hit a top speed of 125 miles per hour. The cargo vans are built to Class-1 and Class-2 specifications and have ranges of up to 155 and 200+ miles.

Among Mullen Automotive’s other endeavors is battery technology. The company is working to manufacture lithium-sulfur batteries which will provide several benefits over the industry-standard lithium-ion batteries. The major benefits are 5X more energy density, 50% less cost per watt-hour, an exceptional safety profile, and sustainability.

EVs equipped with a lithium-sulfur batter would be lighter, have greater range, and be more efficient than their lithium-ion counterparts. Early test results of a solid-state battery exceeded all expectations and suggest EVs with a 600-mile range are more than possible. The company has a partnership with Linghang Gouchang Group for the production of EV battery packs that should be available for the 2nd generation FIVE SUVs.

Mullen Automotive also operates CarHub, a digital platform that leverages AI to offer an interactive solution for buying, selling, and owning a car. CarHub connects buyers and sellers through a national network and is also being leveraged as a marketing tool for the Mullen Automotive line of vehicles.

MULN Price History

MULN Stock News Headlines

MarketBeat Week in Review – 9/18 - 9/22 (MULN)
Stocks ended the week with losses as investors absorbed the reality of higher for longer interest rates and the end of a quarter will bring more volatility
5 Reasons Mullen Automotive is About to Turn a Corner
Mullen Automotive shares are trading near historic lows but may be about to turn a corner due to ramping production, orders, and revenue.
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Mullen Automotive Announces Class 3 EVs Begin Shipping
Mullen Automotive CEO Issues Shareholder Update
This Good News Fails to Boost Mullen Stock — Here’s Why
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Run, Don’t Walk, From Mullen Automotive Stock!
Mullen CEO Provides Further Update to Shareholders
Why Is Mullen Automotive (MULN) Stock Up 9% Today?
Mullen Automotive spends $3.5 million on Romeo Power assets
See More Headlines
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MULN Company Calendar

Last Earnings
8/14/2023
Today
10/03/2023
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Current Symbol
NASDAQ:MULN
Employees
118
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$42.37 per share

Miscellaneous

Free Float
41,622,000
Market Cap
$82.88 million
Optionable
Not Optionable
Beta
2.28
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Key Executives

  • Mr. David MicheryMr. David Michery (Age 55)
    Founder, Chairman, Pres & CEO
    Comp: $1.47M
  • Mr. Jonathan New (Age 63)
    Chief Financial Officer
    Comp: $62.41k
  • Mr. Calin Popa (Age 60)
    Pres of Mullen Automotive
    Comp: $295.81k
  • Mr. Chester Bragado (Age 45)
    Chief Accounting Officer
  • Ms. Jillian Green
    VP of Bus. & Legal Affairs
  • Mr. Jason Putnam
    VP of Marketing
  • Mr. Richard Curtis Jr. (Age 64)
    Pres of International Operations
  • Shawn Hughes
    Pres of OEM & Franchising
  • Mr. John Taylor
    Sr. VP of Global Manufacturing & Strategic Planning
  • Mr. John Schwegman (Age 58)
    Chief Commercial Officer













MULN Stock - Frequently Asked Questions

How have MULN shares performed in 2023?

Mullen Automotive's stock was trading at $64.35 on January 1st, 2023. Since then, MULN stock has decreased by 99.3% and is now trading at $0.45.
View the best growth stocks for 2023 here
.

How were Mullen Automotive's earnings last quarter?

Mullen Automotive, Inc. (NASDAQ:MULN) released its earnings results on Monday, August, 14th. The company reported ($1.62) earnings per share for the quarter. The business earned $0.31 million during the quarter.

When did Mullen Automotive's stock split?

Mullen Automotive shares reverse split before market open on Friday, August 11th 2023. The 1-9 reverse split was announced on Thursday, August 10th 2023. The number of shares owned by shareholders was adjusted after the market closes on Thursday, August 10th 2023. An investor that had 100 shares of stock prior to the reverse split would have 11 shares after the split.

What is Mullen Automotive's stock symbol?

Mullen Automotive trades on the NASDAQ under the ticker symbol "MULN."

How do I buy shares of Mullen Automotive?

Shares of MULN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Mullen Automotive's stock price today?

One share of MULN stock can currently be purchased for approximately $0.45.

How much money does Mullen Automotive make?

Mullen Automotive (NASDAQ:MULN) has a market capitalization of $82.88 million.

How many employees does Mullen Automotive have?

The company employs 118 workers across the globe.

How can I contact Mullen Automotive?

Mullen Automotive's mailing address is 3363 NE 163rd St Ste 705, North Miami Beach, Florida 33160-4436. The official website for the company is investors.mullenusa.com. The company can be reached via phone at (714) 613-1900, via email at investors@netelement.com, or via fax at 786-272-0696.

This page (NASDAQ:MULN) was last updated on 10/3/2023 by MarketBeat.com Staff

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