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Mullen Automotive Inc - MULN STOCK NEWS

Welcome to our dedicated news page for Mullen Automotive (Ticker: MULN), a resource for investors and traders seeking the latest updates and insights on Mullen Automotive.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mullen Automotive's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mullen Automotive's position in the market.

Rhea-AI Summary
Mullen Automotive addresses declining stock values
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
66.67%
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Rhea-AI Summary
Mullen achieves production milestone with first Mullen THREE, commercial Class 3 truck
Rhea-AI Impact
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End-of-Day
-3.13%
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Rhea-AI Summary
Mullen Automotive announces 2023 'Strikingly Different' EV Tour
Rhea-AI Impact
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End-of-Day
-18.99%
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Rhea-AI Summary
Mullen Automotive announces the start of a $25 million stock buyback program and CEO David Michery purchases shares in the open market. The company aims to regain compliance with the NASDAQ minimum bid price requirement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.39%
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buyback
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Rhea-AI Summary
Mullen Automotive announces the debut of the ultra-high-performance Mullen FIVE RS EV Crossover, which will be featured on the upcoming 'Strikingly Different' EV tour starting on Aug. 20, 2023 in Austin, Texas. The vehicle has a top speed of 200 mph and can accelerate from 0-60 mph in under 2 seconds. It is equipped with 800-volt architecture, all-wheel drive, a two-speed gearbox, and over 1,100 horsepower.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.92%
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Rhea-AI Summary
Mullen Automotive announces major milestones in moving from prototype to production for Class 3 commercial vehicles and recording first revenues. The company also authorizes a stock buyback program and secures $100 million in funding. Mullen will host a commercial EV production launch event and resume its 'Strikingly Different' tour.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
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Rhea-AI Summary
Mullen Automotive Inc. announces a 1-for-9 reverse stock split to maintain its listing on Nasdaq. No immediate positive or negative impact on stock price expected.
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Rhea-AI Summary
Mullen Automotive announces start of vehicle production for the Mullen THREE Class 3 EV truck at its Tunica assembly plant, with first customer deliveries on track for August and September.
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Rhea-AI Summary
Mullen Automotive announces a 1 for 9 reverse split and plans to repurchase up to $25 million in shares through a stock buyback program. The CEO believes the company is undervalued and the buyback program reflects confidence in the business.
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Rhea-AI Summary
Bollinger Motors receives final approval for a $3 million grant from the state of Michigan to promote job creation. The grant funds will be distributed as the company reaches job creation milestones over the next five years. The award also includes access to $2 million in talent services and training support. Bollinger Motors has formed partnerships with Our Next Energy and Roush Industries to supply batteries, components, and manage vehicle assembly operations. Deliveries of the Bollinger B4 chassis cab are expected to begin in July 2024.
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Mullen Automotive Inc

Nasdaq:MULN

MULN Rankings

MULN Stock Data

24.67M
6.33M
1.71%
11.71%
21.3%
Software Publishers
Information
Link
US
North Miami Beach

About MULN

mullen technologies is a southern california based licensed electric vehicle manufacturer and international distributer which owns mullen auto sales, a fast-growing series of automobile dealerships. mullen also owns carhub, a new and unique digital platform that leverages ai and offers a complete, fun to use solution for buying, selling and owning a car.