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The Mullen Automotive brand was created by David Michery by combining the companies Mullen Motor Cars with Coda Automotive.Michery planned for rapid expansion of the company, but as of 2023 the company hasn't released a single vehicle since its inception except for imported Chinese vehicles. [4]
Also, Mullen Automotive planned a 20% headcount reduction, cutting spending by $5.5 million and eliminating the Mullen FIVE program. Price Action : MULN shares are up 5.63% at $2.25 at the last ...
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower on Monday. The company anticipates ramping up to an average of $12.5 million per month in revenue over the next six months, totaling ...
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher after the company announced a commercial vehicle sales update. Since September 30, Mullen said it has sold 100 Class 1 and Class 3 ...
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher after the company disclosed new orders for its Mullen ONE, Class 1 commercial EV cargo van from two prominent California ...
The automotive company Bollinger Motors was founded in Hobart, ... Mullen Automotive acquired a 60% controlling interest in Bollinger Motors for US$148.2 million. [30]
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower on Monday. The company disclosed that its subsidiary, Bollinger Motors, achieved a milestone on September 20, 2024, by producing the ...
Mullen Automotive Inc. voluntarily dismissed its lawsuit originally filed on August 29, 2023, against certain broker-dealers. The lawsuit alleged a scheme to manipulate the share price of the company’s securities focusing on short-selling claims. This case was limited to a three-month period and was deemed not cost-effective to pursue.