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

Elon's Greatest Invention... Hidden in South Memphis? - Ad

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

The AI Bottleneck Is Real-and One Firm Is Solving It - Ad

NEW YORK (AP) — Levi Strauss is set to finally part ways with Dockers — inking a deal to sell its brand once credited with propelling the popularity of “Casual Fridays” to Authentic Brands Group.

Prosecutors seek 20-year prison term for founder of failed crypto platform Celsius Network

NEW YORK (AP) — The founder and former CEO of the failed cryptocurrency lending platform should face 20 years behind bars for lying and self-dealing that cost customers billions of dollars in losses, prosecutors told a judge Tuesday.

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.

India-Pakistan Ceasefire Teeters As Blasts Shatter Calm In Kashmir

Explosions in Kashmir just hours after a U.S.-brokered India-Pakistan ceasefire have cast doubt on the truce's stability.

Ford CEO welcomes relief on tariffs but says more work is needed on trade policies to spur growth

LOUISVILLE, Ky. (AP) — Ford Motor Company's top executive on Wednesday welcomed but said more work is needed to craft trade policies that spur growth in the U.S. auto industry.

He Called Bitcoin to $100k... Now He Says This Coin Is Next

He Called Bitcoin to $100k... Now He Says This Coin Is Next - Ad

Juan Villaverde may be America's top crypto expert. According to Juan's timing model, we are entering what could be the biggest bull market in crypto's history. With America's first crypto president in office, it could be the biggest gains the market has ever seen. And one special coin could skyrocket.

India's leader Modi touted all was well in Kashmir. A massacre of tourists shattered that claim

SRINAGAR, India (AP) — Hundreds of Indian tourists, families and honeymooners, drawn by the breathtaking Himalayan beauty, were enjoying a picture-perfect meadow in Kashmir. They didn’t know gunmen in army fatigues were lurking in the woods.

Mark Zuckerberg Overtakes Jeff Bezos To Become World's Second-Richest Person As Meta Stock Soars

Mark Zuckerberg has surpassed Jeff Bezos to become the world's second-richest person, with a net worth of $212 billion, following a surge in Meta's stock price.

Have You Seen this Strange Elon Musk Device?

Have You Seen this Strange Elon Musk Device? - Ad

Tech legend Jeff Brown predicts this "space technology" will be Elon Musk's next trillion-dollar business, and it will make a lot of people rich. This could be the biggest internet innovation since the first web browser Netscape kicked off the internet boom in the late 1990s.

Michael Saylor Considers Competition Copying Strategy's Bitcoin Playbook Mutually Beneficial: 'The More Companies That Join, The Better It Is'

Strategy Inc. (NASDAQ:MSTR) executive chairman Michael Saylor expressed optimism about the growing adoption of the Bitcoin standard among businesses on Thursday.

McDonald's store traffic falls unexpectedly as diners grow uneasy about economy

McDonald’s store traffic fell unexpectedly in the first quarter as weighed on diners.

Powering Ai's Future? One Company Is Already Doing It

Powering Ai's Future? One Company Is Already Doing It - Ad

Massive compute demand is choking AI's growth. While others wait, this firm is building infrastructure now-with elite GPUs and long-term contracts.

Top Trump officials to meet with Chinese counterparts amid trade war

WASHINGTON (AP) — Top U.S. officials are set to meet with a high-level Chinese delegation this weekend in Switzerland, the administration announced Tuesday, in the first major talks between the two nations since President sparked a trade war with stiff on imports.

Apple, Amazon, Reddit, Strategy, Block: Why These 5 Stocks Are On Investors' Radars Today

Wall Street experienced a positive momentum as the S&P 500 marked its eighth consecutive day of gains on Thursday, climbing 0.6% to 5,604.14. This rally helped the index recover from losses incurred due to trade tariffs announced by President Donald Trump.

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.

Asian shares rise in subdued holiday trading, as US futures jump

TOKYO (AP) — Asian shares advanced Thursday, with many markets in the region closed for Labor Day holidays, after U.S. stocks stormed back from steep early losses to a seventh straight day of gains.

Associated Press finds 'no definitive evidence' to change credit for famous Vietnam War photo

Months after the release of a who took an iconic Vietnam War image of a naked girl running from a napalm attack, The Associated Press said Tuesday it had found “no definitive evidence” to warrant changing a nearly 52-year-old photo credit.

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.

Hegseth keeps 2 aircraft carriers in Middle East for another week for battle with Yemen's Houthis

WASHINGTON (AP) — Defense Secretary has ordered the USS Harry S. Truman aircraft carrier to remain in the Middle East for a second time, keeping it there another week so the U.S. can maintain in the region to battle Yemen-based Houthi rebels, according to a U.S. official.

Tesla Stock Falls On European Sales Decline, Rising Competition: What's Going On?

Tesla Inc. (NASDAQ:TSLA) shares are trading lower Monday after industry data showed a drop in new car sales in Spain, which appears to be adding to concerns over European performance.

How to Claim Your Stake in SpaceX with $500

How to Claim Your Stake in SpaceX with $500 - Ad

Every week Elon Musk is sending about 60 more satellites into orbit. Tech legend Jeff Brown believes he's building what will be the world's first global communications carrier. And when it goes public, you could cash out with the biggest payout of your life.

Florida lawmakers approve changes to condo safety law passed after Surfside collapse

TALLAHASSEE, Fla. (AP) — Florida lawmakers gave final approval Wednesday to a bill aimed at reforming a condominium safety law passed in 2022 in the wake of the partial collapse of Champlain Towers South, which in Surfside in June 2021.

Play your cardinals right: Betting on next pope gains popularity ahead of the conclave

ROME (AP) — Next week’s to to as leader of the world’s 1.4 billion Catholics is a solemn affair steeped in .

Brace Yourself for Jeff Bezos' "Amazon Helios"

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Long-haul carrier Emirates reports record annual profit of $5.2 billion

DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion, making it one of the world’s most-profitable airlines.

Don’t have a REAL ID yet? That could cause you travel headaches after May 7

NEW YORK (AP) — The deadline to get a REAL ID is almost here, after nearly two decades of

Government Moves + Nvidia Deals = AI Infrastructure Tailwinds

Government Moves + Nvidia Deals = AI Infrastructure Tailwinds - Ad

From Trump's Stargate initiative to NVIDIA's $500B bet, AI infrastructure is now strategic. This company is positioned at the heart of the buildout.

Nasdaq-100 Leveraged ETF TQQQ Surges 5.5% As Tech Rally, Jobs Data Boost Risk Appetite

Shares of ProShares UltraPro QQQ ETF jumped 5.5% during Friday's session. TQQQ jumped following a stronger-than-expected April jobs report and robust corporate earnings.

'Sell In May And Go Away?' Only In Bear Markets, One Expert Says

Historically, markets deliver weaker and more volatile returns during the May through October timeframe than any other time of the year.

No.1 Opportunity for 2025 [Take Action Now!]

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

Desperate children and adults in Gaza struggle to get food as Israel blocks aid

KHAN YOUNIS, Gaza Strip (AP) — Screaming in anguish as the desperate crowd crushes them against a barrier, young children and adults frantically wave pots and pans at charity workers, begging for a portion of some of the last food aid left in Gaza: Rice.

Musk defends his work as he prepares to wind down at DOGE but gives hazy answers on future

WASHINGTON (AP) — , preparing to step back from his work leading the , had a request of the reporters gathered at the White House to interview him: Before he would answer any questions, he wanted someone to tell him a joke.

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.

Stocks Pause Gains As Treasury Yields Rise: What's Driving Markets Monday?

Wall Street kicked off the week with a cautious tone, as major stock indices hovered near the flatline by midday in New York. Investors digested fresh signs of inflationary pressure in the services sector, raising doubts about near-term rate cuts and weighing on risk appetite.

Senate confirms Bisignano to lead Social Security Administration as agency faces DOGE overhaul

WASHINGTON (AP) — Wall Street veteran Frank Bisignano was confirmed by the Senate on Tuesday to lead the , taking over at a turbulent time for the agency that provides benefits to more than 70 million Americans.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire"

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

These EV Makers Could Shine If Musk Leaves Tesla

Though Musk and Tesla have both denied the WSJ report, the broader EV market could become more competitive and diversified if Tesla loses its market dominance without Musk at the helm.

Charlie Munger Says The Secret Is To 'Find Costcos, Not Good Exits,' Saying His Wealth Came From Relentless Holding And Not Slick Sell Signals

Legendary investor Charlie Munger advised to find durable, well-run businesses and hold them for decades, like Costco. His loyalty and simple investing philosophy still influence Berkshire Hathaway.

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold

Buffett's Favorite Chart Just Hit 209% - Here's What That Means For Gold - Ad

Buffett's favorite market signal just hit its highest level in history-stocks are more overvalued than 1929. He's sitting on $325B in cash... and may be about to buy one overlooked gold miner. I've identified it-plus 4 others with up to 100X potential.

Kentucky Derby 2025: How To Watch, Betting Odds, And Horses Backed By Dutch Bros Founder, John Malone, George Soros

A look at the betting odds for the 2025 Kentucky Derby and some of the famous horse owners hoping to win.

Trending Now