What's Going On Mullen Automotive Stock On Monday?

The bid volition beryllium fulfilled done Mullen's nationalist EV trader partner, Pritchard Automotive, with further orders anticipated.

Global Expert is integrating Mullen's commercialized EVs into its fleet to amended align with its operational requirements.

Also Read: EV Maker Mullen Automotive To Further Cut Costs And Slash Workforce: Details

The summation of the Mullen ONE volition assistance the institution little its c footprint portion supporting its circumstantial proscription needs.

David Michery, CEO and president of Mullen Automotive. "Our commercialized EVs not lone conscionable the circumstantial needs of shipping companies similar Global Expert but besides connection important full outgo of ownership (TCO) savings."

This month, the institution said it would instrumentality a 1-for-100 reverse banal divided of its communal shares, effectual April 11, 2025, conscionable aft midnight Eastern Time.

The institution stated that each of its existing commercialized EV models, on with those produced by its subsidiary, Bollinger Motors, are built wholly successful the U.S.

Price Action: MULN shares are down 16.10% astatine $1.83 astatine the past cheque connected Monday.

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Photo via Mullen

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