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NASDAQ:MULN

Mullen Automotive (MULN) Stock Price, News & Analysis

Mullen Automotive logo
$0.32 -0.06 (-16.36%)
As of 02:40 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Mullen Automotive Stock (NASDAQ:MULN)

Key Stats

Today's Range
$0.29
$0.35
50-Day Range
$0.38
$404.00
52-Week Range
$0.29
$4,710,000.00
Volume
7.11 million shs
Average Volume
491,574 shs
Market Capitalization
$3,498.00
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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.

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MULN Stock News Headlines

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MULN Stock Analysis - Frequently Asked Questions

Mullen Automotive's stock was trading at $7,200.00 at the beginning of 2025. Since then, MULN shares have decreased by 100.0% and is now trading at $0.3270.
View the best growth stocks for 2025 here
.

Mullen Automotive, Inc. (NASDAQ:MULN) issued its quarterly earnings data on Wednesday, February, 19th. The company reported ($66,133.00) earnings per share (EPS) for the quarter. The business earned $2.92 million during the quarter. Mullen Automotive had a negative net margin of 12,717.94% and a negative trailing twelve-month return on equity of 2,736.27%.

Shares of Mullen Automotive reverse split on the morning of Friday, April 11th 2025. The 1-100 reverse split was announced on Wednesday, April 9th 2025. The number of shares owned by shareholders was adjusted after the market closes on Thursday, April 10th 2025. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Mullen Automotive investors own include Waste Connections (WCN), DiamondRock Hospitality (DRH), American Water Works (AWK), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
2/19/2025
Today
5/02/2025
Next Earnings (Estimated)
5/12/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Motor vehicles & car bodies
Sub-Industry
Business Services
Current Symbol
NASDAQ:MULN
Employees
120
Year Founded
N/A

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-457,060,000.00
Net Margins
-12,717.94%
Pretax Margin
-14,019.22%

Debt

Sales & Book Value

Annual Sales
$4.01 million
Price / Cash Flow
N/A
Book Value
($86.97) per share
Price / Book
0.00

Miscellaneous

Free Float
985,000
Market Cap
$3,597.00
Optionable
Optionable
Beta
2.54
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This page (NASDAQ:MULN) was last updated on 5/2/2025 by MarketBeat.com Staff
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