What's Going On Mullen Automotive Stock On Monday?

Lekha Gupta

April 14, 2025

Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading lower on Monday. The company disclosed the sale of its all-electric Mullen ONE Class 1 cargo van to Global Expert Shipping.

The order will be fulfilled through Mullen's national EV dealer partner, Pritchard Automotive, with additional orders anticipated.

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

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

The addition of the Mullen ONE will help the company lower its carbon footprint while supporting its specific transportation needs.

David Michery, CEO and chairman of Mullen Automotive. "Our commercial EVs not only meet the specific needs of shipping companies like Global Expert but also offer significant total cost of ownership (TCO) savings."

This month, the company said it would implement a 1-for-100 reverse stock split of its common shares, effective April 11, 2025, just after midnight Eastern Time.

The company stated that all of its existing commercial EV models, along with those produced by its subsidiary, Bollinger Motors, are built entirely in the U.S.

Price Action: MULN shares are down 16.10% at $1.83 at the last check on Monday.

Read Next:

Benzinga Bulls And Bears: Nike, Target, And Walmart Among Hardest-Hit Following Trump's ';Liberation Day' Tariffs

Photo via Mullen

Recommended

Advisor: Trump Could Trigger Greatest Windfall in U.S. History - Ad

A Better Hedge Than Gold? - Ad

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Elon Musk is alleged to have fathered a child with a Japanese pop star. The news, which surfaced on Friday, also includes Musk's offer to donate his sperm to "anyone."

Here's Why Shaquille O'Neal Gave Up Elon Musk's Cybertruck And Passed It To Another NBA Star

Shaquille O'Neal has sold one of his Tesla Cybertrucks to fellow basketball player Trendon Watford.

This Coin Could Surge Like Bitcoin Did Back in 2013...

This Coin Could Surge Like Bitcoin Did Back in 2013... - Ad

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

OpenAI Wants Its Fraud And Media Manipulation Countersuit Against Elon Musk Kept Alive, Labels His $97.4 Billion Bid A Stunt

OpenAI is pushing to keep its countersuit against Elon Musk alive, accusing him of fraud and calling his $97.4 billion takeover bid a media stunt amid an escalating legal feud over the company's shift to a for-profit model.

China's Rare-Earth Magnet Restrictions Threaten Auto Production, Could Result In 'Shutdown Of Assembly Lines:' Report

Global automakers fear shortage of rare-earth magnets from China could lead to factory closures within weeks.

A Historic Gold Announcement Is About to Rock Wall Street

A Historic Gold Announcement Is About to Rock Wall Street - Ad

The greatest investor of all time is about to validate what Garrett Goggin has been saying for months: Gold is entering a once-in-a-generation mania. Front-running Buffett has never been more urgent - and four tiny miners could be your ticket to 100X gains.

$14 billion in clean energy projects have been canceled in the US this year, analysis says

More than $14 billion in clean energy investments in the U.S. have been canceled or delayed this year, according to an analysis released Thursday, as President Donald Trump's pending megabill has raised fears over the future of domestic battery, electric vehicle and solar and wind energy development.

Moody's Downgrades US Credit Rating Over Debt, Deficit Concerns

Moody's Ratings slashes the United States' long-term credit rating from Aaa to Aa1.

Crypto Genius: These 5 Altcoins Could Crush Bitcoin in 2025

Crypto Genius: These 5 Altcoins Could Crush Bitcoin in 2025 - Ad

On June 30th, two powerful "Wealth Drivers" ignite what could be a 2025 super bull run-backed by Trump. One investmentThe altcoin market as a whole has already soared 132,721% over the past ten years and could surge again. A $900 stake could turn into $108K over 12 months. This is The Great Gain of 2025.

Super Micro Computer, Hims & Hers And Aurora Innovation Are Among Top 10 Large-Cap Losers Last Week (May 19-May 23): Are The Others In Your Portfolio?

Large-cap stocks were the worst performers last week, with declines up to 23%. Reasons include revenue misses, FDA bans, and Uber's stake monetization.

President Trump Proposes $1 Billion For Private Sector Mars Exploration: Report

Trump's $18.8 billion budget proposal for NASA includes $1 billion for Mars initiatives, involving private companies.

Thinking Of Buying Gold? Consider This ...

Thinking Of Buying Gold? Consider This ... - Ad

Gold is at record highs-up 22:1 vs stocks, 2:1 vs Bitcoin, soaring past $3,000/oz. But savvy investors historically have been able to multiply gold gains without buying bullion. Historically there have been gains 1,627X more than gold. Discover more about this gold amplifier in our urgent, free video today.

Nebraska Republicans sought to weaken voter-backed paid sick leave. A Democrat helped them do it.

Republicans in the Nebraska Legislature managed to pass a bill that significantly weakens a voter-backed measure requiring employers to offer paid sick leave. And they did it with the help of a Democrat.

Mark Cuban Once Suggested Gay NBA Players Could Profit: 'If You're a Player Who Happens To Be Gay and Want To Be Incredibly Rich, Then You Should Come Out'

Mark Cuban, the former owner of the Dallas Mavericks, once said that NBA players coming out as gay could see a significant increase in their income.

Wall Street Says BUY GOLD, But...

Wall Street Says BUY GOLD, But... - Ad

While markets wobble, gold keeps smashing records-and banks say it's just beginning. Goldman urges "buy gold" to hedge trade wars; JPMorgan plans $6,000 an ounce and just took delivery of $4 billion in bullion. Yet past bull runs saw 13x-1,000x bigger gains without buying more gold.

Macron warns US and the Indo-Pacific not to abandon Ukraine at the expense of focusing on China

SINGAPORE (AP) — warned the United States and a large audience of Indo-Pacific nations on Friday night that they risk a dangerous double standard as they concentrate on a potential conflict with China, if that shift comes at the cost of abandoning Ukraine.

In Spain, a homelessness crisis unfolds in Madrid's airport

MADRID (AP) — Every morning at 6 a.m., Teresa sets out in search of work, a shower and a bit of exercise before she returns home. For around six months, that has been Terminal 4 of .

The Most Important "AI Stock" You've Never Heard Of

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

States are rolling out red carpets for data centers. But some lawmakers are pushing back

HARRISBURG, Pa. (AP) — The explosive growth of the data centers needed to power America's fast-rising demand for artificial intelligence and cloud computing platforms has spurred states to dangle incentives in hopes of landing an economic bonanza, but it's also eliciting pushback from lawmakers and communities.

Trump's big tax bill has passed the House. Here's what's inside it

WASHINGTON (AP) — House Republicans early Thursday took a major step forward on President Donald Trump’s agenda, approving a legislative package that combines tax breaks, spending cuts, border security funding and other priorities.

Trump Backing this A.I. Energy Stock??

Trump Backing this A.I. Energy Stock?? - Ad

It wasn't a speech or campaign ad - but Trump just launched a $1 trillion energy and A.I. deal linking U.S. tech and Saudi oil. One under-the-radar energy stock could soar from it. With $3B in income, an A.I. partner, and Trump's backing, this may be the ultimate A.I. energy play.

Cathie Wood's Ark Invest Shuffles Portfolio: Trades Include Intuitive Machines, Oklo, And More

Cathie Wood-led Ark Invest made significant trades, selling shares of Block and Cameco Corp, and buying shares of BWX Technologies.

$4 A Month? Gene Munster Unpacks Trump's iPhone Tariff Math - Says 'Market Appears To Be Miscalculating the Impact'

Gene Munster says Trump's iPhone tariff could raise prices modestly, but warns markets may be underestimating its broader economic impact.

Elon Musk Drops Stunning Bombshell?

Elon Musk Drops Stunning Bombshell? - Ad

Behind closed doors, Musk revealed a game-changing breakthrough technology that could shake the tech world & crush major companies. Why is no one talking about it? Luckily, we had a man on the inside - watch now to see the details & how to profit!

Crypto crime spills over from behind the screen to real-life violence

HARTFORD, Conn. (AP) — A man says he was tortured for weeks in a New York townhouse. Another in Paris was held for ransom and his finger cut off. A couple in Connecticut were carjacked, beaten and thrown into a van.

Trump Makes Light Of Assassination Attempt At Exclusive Memecoin Investor Dinner: 'That Brings Back Some Not-Such-Good Memories'

On Thursday at a private dinner for investors in the $TRUMP memecoin, President Trump joked about the attempt on his life.

This "Boring" Beer Stock Is Crushing It in 2025 (Time to Buy?)

This "Boring" Beer Stock Is Crushing It in 2025 (Time to Buy?) - Ad

Anheuser-Busch InBev (BUD) is one of the best-performing large-cap stocks in 2025. Time to buy? Only if you like leaving money on the table. Because there's a much smarter way you could make even more money on BUD starting today.

Toll Brothers, D-Wave Quantum, Palo Alto Networks, Warby Parker, Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stock markets experienced a downturn today, with the Nasdaq dropping over 75 points or nearly 0.4% to 19,142.71.

Trump Said Qatar Gifted Him A $400 Million Jet, But Insiders Say The US Initiated The Deal

Trump claimed Qatar gave him a luxury Boeing 747 as a personal gift, but insiders say the US initiated talks.

1 Must-Buy Stock for Monday June 2nd

1 Must-Buy Stock for Monday June 2nd - Ad

Heads up: Tim Bohen's new algorithm just uncovered a dirt-cheap stock that could DOUBLE or MORE this coming Monday. This powerful algo has already identified Monday moves of 149%, 190%, and even a whopping 536%.

Warren Buffett Once Said Business Schools Teach 'The Silliest Stuff'—And This Is What He And Charlie Munger Would Do Instead To Train The Next Generation Of Leaders

Buffett and Munger criticize top business schools for focusing on math-based finance theories and emphasize the importance of understanding business value.

Amazon's Zoox Issues Second Robotaxi Recall in a Month After San Francisco Crash

Amazon's autonomous vehicle company Zoox has issued a second software recall for its Robotaxi after a collision in San Francisco.

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse

Trump's Crypto Blueprint Unveils This Infrastructure Powerhouse - Ad

One blockchain token sits at the heart of Washington's pro-crypto agenda. Institutions are loading up while it still trades at a discount. Here's how to get in for $3.

e.l.f. Beauty Buys Hailey Bieber's Brand Rhode For $1 Billion: Now She's Richer Than Husband Justin Bieber

The massive $1 billion deal makes Hailey Bieber wealthier than her husband, Justin Bieber, and revives e.l.f.'s "positive momentum," according to analysts.

Bitcoin, Dogecoin Dip, Ethereum Gains As Court Strikes Down Trump's Tariffs: Analyst Anticipates BTC All-Time High 'In A Couple Of Days' If This Happens

Leading cryptocurrencies fell on Wednesday even as a federal court blocked President Donald Trump's sweeping tariffs.

The Cross-Chain Giant Set for 1,000%+ Gains

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

Unitedhealth, Snowflake, Navitas, Nike, And Target: Why These 5 Stocks Are On Investors' Radars Today

UNH, SNOW, NVTS, NKE, TGT were among the stocks seen trending on Wednesday, May 21, 2025.

Crypto Mogul Justin Sun Dines With Trump, Then Flexes $100K Watch — What's The Deal?

High-profile crypto entrepreneur Justin Sun has added a $100,000 Trump-branded watch to his collection of prized possessions.

Revealed: Palm Beach Millionaire's Warning About "The Great Replacement"

Revealed: Palm Beach Millionaire's Warning About "The Great Replacement" - Ad

A Wall Street veteran with a four-decade track record has issued a disturbing warning from his estate near Mar-a-Lago. He warns of an economic restructuring that will eliminate traditional career paths while creating unprecedented wealth opportunities.

Trump's 'beautiful' bill spans more than 1,000 pages. Here's what's inside it

WASHINGTON (AP) — House Republicans are getting closer to passing tax breaks, spending cuts and beefed-up border security as Speaker Mike Johnson attempts to pass the package over unified Democratic opposition by Memorial Day.