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Mullen Automotive Inc

Mullen Automotive Inc (MULN)

1.12
-0.16
(-12.50%)
Closed April 19 4:00PM
1.08
-0.04
(-3.57%)
After Hours: 7:59PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
1.08
Bid
1.07
Ask
1.08
Volume
4,531,413
1.05 Day's Range 1.209
0.035 52 Week Range 47,100.00
Market Cap
Previous Close
1.28
Open
1.175
Last Trade
4
@
1.0799
Last Trade Time
Financial Volume
$ 5,004,943
VWAP
1.1045
Average Volume (3m)
41,549,789
Shares Outstanding
1,083,175
Dividend Yield
-
PE Ratio
-0.03
Earnings Per Share (EPS)
-434.8
Revenue
1.09M
Net Profit
-470.96M

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 $1.28. Over the last year, Mullen Automotive shares have traded in a share price range of $ 0.035 to $ 47,100.00.

Mullen Automotive currently has 1,083,175 shares outstanding. The market capitalization of Mullen Automotive is $1.39 million. Mullen Automotive has a price to earnings ratio (PE ratio) of -0.03.

MULN Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
11.03762447.169811320.04242.880.035182162490.31994704CS
40.681700.42.880.035950709470.13840151CS
12-23.784-95.656370656424.86429.10.035415497892.76237722CS
26-146.52-99.2682926829147.6220.80.0352252362615.84928769CS
52-19438.92-99.994444444419440471000.035211803932613.64398747CS
156-299517.306562-99.9996394211299518.386562299518.3865620.0359594701128302.1591319CS
260-1725335.24812-99.99993740351725336.328122193247.540310.0359262866753747.0661981CS

MULN - Frequently Asked Questions (FAQ)

What is the current Mullen Automotive share price?
The current share price of Mullen Automotive is $ 1.08
How many Mullen Automotive shares are in issue?
Mullen Automotive has 1,083,175 shares in issue
What is the market cap of Mullen Automotive?
The market capitalisation of Mullen Automotive is USD 1.39M
What is the 1 year trading range for Mullen Automotive share price?
Mullen Automotive has traded in the range of $ 0.035 to $ 47,100.00 during the past year
What is the PE ratio of Mullen Automotive?
The price to earnings ratio of Mullen Automotive is -0.03
What is the cash to sales ratio of Mullen Automotive?
The cash to sales ratio of Mullen Automotive is 12.96
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 1.09M
What is the latest annual profit for Mullen Automotive?
The latest annual profit of Mullen Automotive is USD -470.96M
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
Dingbatt Dingbatt 14 hours ago
https://www.sec.gov/newsroom/press-releases/2025-66
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Nebuchadnezzar Nebuchadnezzar 16 hours ago
MULN best SHORT in history

the SEC needs to do something about this one

the NASDAQ should be EMBARRASSED to keep this listed on their EXCHANGE
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B RY B RY 19 hours ago
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B RY B RY 19 hours ago
Yeah...your a research lollygagger wayne! You need to research MULN in bookstores, not internet chatrooms! LOL!

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B RY B RY 19 hours ago
"rises again to 4 dollars"...I missed the shareholder meeting announcement where Diamond Dave casts his 100 billion(I think??) Votes in favor of reverse split #8. I'll try and research better to keep up to speed with Dave's progressive agenda. FYI, the MULN investor below needs a much bigger stick...just saying.


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Wayne R Wayne R 20 hours ago
So glad to have you here, I will wait and observe (not like I haven't been doing that for a very long time watching Davie boyo screw over everyone single person stupid enough to buy this stock)

And then I'll speak. 🤪
👍️ 2
vareddi vareddi 21 hours ago
Before commenting, wait and observe and then speak... take care
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Wayne R Wayne R 24 hours ago
Is that some sort of prediction?
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vareddi vareddi 1 day ago
it's a matter of graphs the whole stock market is a scam
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vareddi vareddi 1 day ago
between Tuesday and Wednesday Mullen touches 2 dollars and then drops and rises again to 4 dollars in the space of 15 days
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downdraft downdraft 1 day ago
Ouch! I better gamble on some other stocks, instead. Thank you.
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double_m double_m 1 day ago
I believe there were many comments made on this board that this was going to happen when he gave that company that $10M. The credit card thing is extra shady!


EV maker Bollinger Motors is broke and truck production has stopped, founder says in suit
Luke Ramseth
The Detroit News

Bollinger Motors Inc., a prominent Oak Park-based electric truck maker, appears to be in dire financial straits, according to a federal lawsuit filed against the company by its founder.

Robert Bollinger, who started the electric vehicle outfit in 2015 and served as CEO until last year, alleges his former company owes him about $10.5 million and wants a receiver to be appointed to manage and distribute the firm's remaining assets to creditors.

The lawsuit says the company is insolvent, has paused production of its vehicles, and is facing increasing legal pressure from suppliers.

Bollinger Motors, whose majority owner is Mullen Automotive Inc., started making an electric chassis cab truck called the B4 last year, and a larger version, the B5, was scheduled for release in 2026. Bollinger had largely self-financed the firm in 2015, with the original idea of selling boxy off-roading EVs, before transitioning to the commercial vehicle space.

The dispute centers on a $10 million loan Robert Bollinger made to the company last October with an interest rate of 15% per year. By February, the company had missed a $125,000 payment, the court papers say, and while the company eventually paid up earlier this month, the former CEO alleges it was "insufficient to cure" the terms of his loan.

In addition, Robert Bollinger says his former company has defaulted on about $500,000 in American Express credit card debt β€” and unbeknownst to him, the credit cards "were somehow guaranteed by Robert Bollinger, event though he was no longer employed by or served as a director of Bollinger Motors." This led to Robert Bollinger's personal credit card transactions being rejected, the suit states.

Production of Bollinger Motors vehicles, contracted to Roush Enterprises, is stopped, and the company is facing other lawsuits from a supplier and two other vendors, the court papers say, adding that the company "likely will be facing a deluge" of additional collections lawsuits. The complaint adds that the company has more than 40 trucks for sale worth about $135,000, together valued at more than $5 million. It also owns other vehicle production assets.

The lawsuit says oversight from a receiver is needed to manage, protect and eventually liquidate the company's assets since it otherwise has no way of paying back Robert Bollinger or others.

β€œBollinger Motors is working through the process of addressing the allegations in the pending lawsuit," Bryan Chambers, CEO of Bollinger Motors, said in a statement. "Our goal is to quickly arrive at an outcome or resolution of this dispute and continue supplying a product that we believe is best-in-class. We cannot comment specifically on the allegations in the pending litigation.”

Robert Bollinger departed his CEO and board positions last summer. James Taylor, a former General Motors Co. executive, took over the CEO post, though he recently departed and Chambers, who previously served as chief operating officer for the company, now leads the firm.

Bollinger Motors is far from the first EV startup to face financial challenges. Several companies that emerged in recent years from a surge of customer interest and government support for battery-powered vehicles have ultimately faced operational problems or shuttered, such as Fisker, Lordstown Motors, Arrival and Canoo.

https://www.detroitnews.com/story/business/autos/2025/03/25/bollinger-motors-is-broke-and-production-has-stopped-founder-says-in-suit/82653733007/
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TenKay TenKay 1 day ago
Bollinger is already there. Robert B. is asking a court to appoint a receiver.
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downdraft downdraft 2 days ago
Fair enough, thanks.
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uber darthium uber darthium 2 days ago
Hi, I am a newbie here. My first post. Is MULN a good place to invest $1,000,000 ?


Thsnks
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I-Glow I-Glow 2 days ago
That isn't true - "Approximately 10% of public companies filing for Chapter 11 bankruptcy successfully emerge as going concerns. The majority either convert to Chapter 7 liquidation or face dismissal of their cases. While some companies may initially emerge as private entities after Chapter 11, only a small percentage (around 13%) emerge as public companies"

Mullen is already Balance Sheet insolvent.

In the last financial statement the the Losses from Operations was $51,435,232 and a net loss loss of $118,797,845.

IG
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Wayne R Wayne R 2 days ago
And there's still over a hundred vehicles parked at Randy's waiting for someone, anyone, to get them off the lot
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Wayne R Wayne R 2 days ago
Details, details

We don't need no stinking details
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uber darthium uber darthium 2 days ago
Yes, I can believe you think it is a wise move to purchase a fleet of vehicle for a business knowing the β€œmanufacturer” is on the verge of bankruptcy.

Makes sense to me

Why not buy 2 fleets and prove to the world that the buyer is a person of conviction. Like Biden had Hertz do with their electric vehicle fleet no one wanted to rent. How’s that self inflicted bankruptcy coming along ?

downdraft
Re: None
Thursday, 04/17/2025 1:40:59 PM
If this Bollinger buyer is confident that he can receive full delivery of his 50 Bollinger trucks in a timely manner, especially since Bollinger announced they were in full production as of last fall, then this truck buyer might become a substantial buyer of the stock as well. Just a guess.

But it's good enough for me to take a starter for the fourth or fifth time in the past several years. I exited those positions before any reverse splits but I'm still in the hole several hundred dollars.

One way or another I'll get in near the low if/when this turns around
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downdraft downdraft 2 days ago
Until a company is forced into liquidation by court order, anything goes! Companies can be in reorganization for months or years.
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uber darthium uber darthium 2 days ago
Yeah, I don’t think his elevator goes to the top floor. He must have missed that little bit of information

I suspect that you missed the fact that they let all the workers off and the founder is trying to push them into bankruptcy. Bollinger....
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downdraft downdraft 2 days ago
I didn't forget anything. Thousands of companies go into chapter 11 reorganization and come out all ready to go, if this ends up going that route. Until the company is forced into liquidation, anything goes, up or down
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double_m double_m 2 days ago
BottomBounce, the deadline has passed to sign up for these lawsuits! Enough already!!!
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BottomBounce BottomBounce 2 days ago
$MULN Investors Have Opportunity to Lead Mullen Automotive, Inc. f/k/a Net Element, Inc. Securities Fraud Lawsuit https://www.morningstar.com/news/pr-newswire/20250403dc57285/muln-investors-have-opportunity-to-lead-mullen-automotive-inc-fka-net-element-inc-securities-fraud-lawsuit
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BottomBounce BottomBounce 2 days ago
$MULN MULN Investors Have the Opportunity to Lead the Mullen Automotive Securities Fraud Lawsuit with Faruqi & Faruqi, LLP https://www.morningstar.com/news/globe-newswire/9421358/muln-investors-have-the-opportunity-to-lead-the-mullen-automotive-securities-fraud-lawsuit-with-faruqi-faruqi-llp
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BottomBounce BottomBounce 2 days ago
$MULN INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Mullen Automotive, Inc. of Class Action Lawsuit and Upcoming Deadlines - MULN https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-reminds-investors-with-losses-on-their-investment-in-mullen-automotive-inc-of-class-action-lawsuit-and-upcoming-deadlines---muln-302428076.html
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Wayne R Wayne R 2 days ago
I suspect that you missed the fact that they let all the workers off and the founder is trying to push them into bankruptcy. Bollinger....
πŸ‘οΈ0
downdraft downdraft 2 days ago
If this Bollinger buyer is confident that he can receive full delivery of his 50 Bollinger trucks in a timely manner, especially since Bollinger announced they were in full production as of last fall, then this truck buyer might become a substantial buyer of the stock as well. Just a guess.

But it's good enough for me to take a starter for the fourth or fifth time in the past several years. I exited those positions before any reverse splits but I'm still in the hole several hundred dollars.

One way or another I'll get in near the low if/when this turns around.
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Wayne R Wayne R 2 days ago
The idiot buyers

Might be Jack

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Monksdream Monksdream 2 days ago
MULN, new 52 week low
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Monksdream Monksdream 2 days ago
MULN, new 52 week low
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Louinjaxxx Louinjaxxx 2 days ago
Is anyone NOT shorting MULN?
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Wayne R Wayne R 2 days ago
But, but, but they delivered a veehucle as per today's pr.

Doesn't mention if they plan to get paid for it, but it was delivered!
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KngmAz KngmAz 2 days ago
Yeah - and then another reverse stock split. Hey - WHY NOT?
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Stinger2014 Stinger2014 2 days ago
.99 by 2pm??
👍️ 1
Atomic_Insider Atomic_Insider 2 days ago
RNAZ will be producing those in jail for fraud with all of MULN executives
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Stino2 Stino2 3 days ago
a few day ago the market of mullen was worth 80:000 and now 678513, are there more shares dumpt in the market!!!!🤮
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Stinger2014 Stinger2014 3 days ago
Especially knowing they were averaging down!
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KngmAz KngmAz 3 days ago
Yeah - and just think how the people who paid over $4.00 per share for MULN just a few DAYS ago are feeling today - OUCH!!
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Wayne R Wayne R 3 days ago
Davie boyo likes to be at the forefront of innovation

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KngmAz KngmAz 3 days ago
Less than ten (10) days. ago the stock price of MULN was over $4.00 per share. I've never seen the stock price of any stock fall so far down in such a short period of time - just totally UNBELIEVABLE!!
👍️ 1
B RY B RY 3 days ago
Wouldn't it be cool if MULN would make these instead? No battery or component issues.

πŸ‘οΈ0
B RY B RY 3 days ago
Dave probably took the seats out of the prototype and put them in his living room giving it that "Mullen One RS" feel. It brings him back to that drive-in theater feeling way back when.

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Wayne R Wayne R 3 days ago
They still have a hundred or so parked at Randy's.

They may be rusting out but could make ideal garden sheds
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uber darthium uber darthium 3 days ago
I think they sold the trailer that hauled the car show around the US. I know it was for sale a few months ago
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B RY B RY 3 days ago
No worries Uber! You can still go to MULN car shows and sit in the prototype to get your Mullen One fix. I still think it's hilarious dave named a car the Mullen One RS.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173531491
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wickerman wickerman 3 days ago
SEC T-12 halt this dilution scam so Michery can't dump the rest of his paper and file for R/S #7
👍️ 1 💯 1
uber darthium uber darthium 3 days ago
Does this mean I probably won’t get my new Mullen ONE ? Damn, I wanted to get my own 8k for the DeathStar
🤣 1
B RY B RY 3 days ago
Great job dave! A perfect score if my memory serves correct. A 52 week low every week for 52 weeks. The 52 week chart is a thing of beauty for a downhill skiing enthusiast as myself. The 52 week chart also serves as a great reminder to make my reservations a year in advance for downhill skiing Mammoth mountain next spring. As an added bonus I can get out my paint set and paint a beautiful slalom ski run and put it on my living room wall. The MULN 52 week chart has soooo many different purposes. You can also roll it up an hit someone over the head with it if they even think about investing in MULN. Or you can fold up the 52 week chart in diagonals and play flicker football with it. So many uses...so little time. Thanks again dave, you're a toxic lenders bff. Now back to my reading.

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Monksdream Monksdream 3 days ago
MULN, new 52 week low
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