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The 5 Worst EV Stocks You Should Not Buy in 2022

Although EV demand is growing, the industry is riddled with charging infrastructure and semiconductor chip shortage issues. Therefore, we believe it could be wise to avoid fundamentally poor EV stocks Lucid Group (LCID), Nikola (NKLA), Canoo (GOEV), Workhorse Group (WKHS), and Mullen Automotive (MULN) this year. Let's discuss this in…

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MULN: Things Don't Look Pretty Under the Hood for This Stock

Automobile manufacturer Mullen (MULN) generates zero sales and has incurred massive losses since the inspection. The stock is currently trading nearly 95% below its 52-week high. Moreover, MULN is expected to face lingering issues, including increasing competition, strict government regulations, supply chain constraints, and high inflation. So, the company might…

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2 Penny Stocks to Avoid Right Now Even at a Discount

With the recent market pullback in the aftermath of Jerome Powell’s speech at Jackson Hole, investors may be tempted to go bottom fishing. However, a rising interest rate environment may not be welcome news for developmental and fund-thirsty businesses with negative cash flows. Thus, given a foreseeably bleak outlook, it…

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1 Auto Stock to Sell and 2 to Buy

Lingering supply chain issues have been hampering the optimal productivity of the auto industry. However, the industry is advancing rapidly with substantial investments in smart technologies. While it could be wise to avoid fundamentally weak auto stock Mullen Automotive (MULN), investors could consider buying quality stocks Volkswagen (VWAGY) and Honda…

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3 Top-Rated Automakers to Buy... And One to Avoid

Demand for automobiles remained steady despite soaring prices and supply chain bottlenecks. Moreover, given the robust growth prospects of the industry, it could be wise to consider buying shares of top-rated automakers Stellantis (STLA), HondaMotor (HMC), and Subaru (FUJHY). However, fundamentally weak Mullen Automotive (MULN) is best avoided now. Read…

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Mullen Automotive Reveals Significant Debt Reduction

Mullen Automotive Inc (NASDAQ:MULN) has removed $17.5 million in company debt. The company has also reduced its overall indebtedness from more than $30 million last year to an estimated $11 million currently. The debt was associated with a secured convertible promissory note executed on July 23, 2020, with DBI Lease Buyback Servicing LLC, an…

Benzinga

Why Mullen Automotive Shares Are Gaining Today

Mullen Automotive Inc (NASDAQ:MULN) has filed over 130 patents in 24 countries for Mullen FIVE EV Crossover program. The patent applications are related to the design and styling of the Mullen FIVE EV Crossover, covering its exterior and interior design. The patent applications include 19 U.S. design patent filings and 117 international design…

Benzinga

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Introducing Mullen: The Entirely US-Based Electric Vehicle Manufacturer Rivaling Tesla

David Michery, CEO of Mullen Automotive Inc. (NASDAQ: MULN), was a guest speaker at Benzinga’s All Access on June 3rd, 2022.

Benzinga

Mullen Automotive Skyrockets As Solid-State Polymer Battery Testing Exceeds Expectation

Mullen Automotive Inc (NASDAQ:MULN) has put forth the results of its solid-state polymer battery testing with the Battery Innovation Center (BIC) in Indiana. "The battery has performed exceptionally well, and I'm pleased with the results from BIC in Indiana," said David Michery, CEO and chairman. Testing results from BIC show the solid-state polymer…

Benzinga

Why Mullen Automotive Stock Is Trading Higher Today

Mullen Automotive, Inc. (NASDAQ: MULN) shares are trading higher after the company announced the results of its solid-state polymer battery testing with the Battery Innovation Center in Indiana.

Benzinga

3 Electric Vehicle Stocks Down More Than 73% Year-to-Date

Increased demand for efficient and low-emission vehicles, along with government initiatives to speed up the shift of their nations’ vehicle fleets from gasoline-powered to electric vehicles, has fostered rapid growth in the sale of the electric vehicles of late. However, a few companies in this sector have not been able…

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Why Mullen Automotive Shares Are Surging Today

Mullen Automotive Inc (NASDAQ:MULN) reported preliminary cash and equivalents of $65.2 million as of Q2-end, primarily due to $43.9 million from the issuance of Series C Preferred Stock and associated warrants. Additionally, the company received $29.6 million in net proceeds under the $30 million Esousa Equity Line, dated September 1, 2021. Total assets…

Benzinga

Here's How Much $1000 Invested In Mullen Automotive 10 Years Ago Would Be Worth Today

Mullen Automotive (NASDAQ:MULN) has outperformed the market over the past 10 years by 13.75% on an annualized basis producing an average annual return of 25.53%. Currently, Mullen Automotive has a market capitalization of $387.30 million.

Benzinga

Down More Than 85% From All-Time Highs, Should You Scoop Up Shares of Mullen Automotive and Lordstown Motors?

Electric vehicle stocks such as Mullen Automotive (MULN) and Lordstown Motors (RIDE) have underperformed the broader equity market by a wide margin in the last year. Let’s see if it’s a good idea to buy these two electric vehicle (EV) stocks on the dip.

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Benzinga

If You Invested $1000 In Mullen Automotive 5 Years Ago, Here's How Much You Would Have Today

Mullen Automotive (NASDAQ:MULN) has outperformed the market over the past 5 years by 7.25% on an annualized basis producing an average annual return of 20.68%. Currently, Mullen Automotive has a market capitalization of $516.88 million.

Benzinga

These 8 Stocks Are Seeing Massive Volume Today

Trading volume is a simple way to measure how much of a security is being traded over a period of time. A high trading volume indicates high buying pressure if the stock is moving higher, or high selling pressure if the stock is moving lower.

Benzinga

Retail Favorite Mullen Automotive Pulls Back After Short Seller Calls Out Company As 'Worst EV Hustle'

Mullen Automotive, Inc. (NASDAQ: MULN) shares pulled back sharply early Wednesday after short seller Hindenburg Research accused the company of being a phony EV play.

Benzinga

Check Out What Whales Are Doing With MULN

A whale with a lot of money to spend has taken a noticeably bearish stance on Mullen Automotive. Looking at options history for Mullen Automotive (NASDAQ:MULN) we detected 19 strange trades.

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Benzinga

$100 Invested In Mullen Automotive 5 Years Ago Would Be Worth This Much

Mullen Automotive (NASDAQ:MULN) has outperformed the market over the past 5 years by 9.13% on an annualized basis producing an average annual return of 23.08%. Currently, Mullen Automotive has a market capitalization of $91.55 million.

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Mullen Automotive vs. Hyzon Motors: Which EV Stock is a Better Buy?

In this article I'll analyze and compare Mullen Automotive (MULN) and Hyzon Motors (HYZN) to determine which EV stock is a better buy.

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Mullen Automotive vs. Tesla: Which Electric Vehicle Stock Is a Better Buy

Electric vehicle (EV) stocks such as Tesla (TSLA) and Mullen Automotive (MULN) have gained momentum in recent trading sessions. While one is an established company delivering consistent profits, the other is yet to generate any meaningful sales. Let’s see which stock is a better long-term investment.

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Mullen Automotive vs. Workhorse Group: Which EV Stock is a Better Buy?

In this article I will analyze and compare Mullen Automotive, (MULN) and Workhorse Group (WKHS) to determine which electric vehicle stock is a better buy.

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Mullen Automotive vs. Nikola: Which Electric Vehicle Stock is a Better Buy?

In today's article I will analyze and compare Mullen Automotive (MULN) and Nikola (NKLA) to determine which electric vehicle (EV) stock is a better buy.

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Mullen Automotive vs. Cenntro Electric Group: Which Electric Vehicle Stock is a Better Buy?

Today I'll analyze and compare Mullen Automotive (MULN) and Cenntro Electric Group (CENN) to determine which electriv vehicle stock is currently a better buy.

Benzinga

42 Stocks Moving In Monday's Mid-Day Session

Gainers Mullen Automotive, Inc. (NASDAQ: MULN) jumped 74.4% to $1.20 after the company reported progress on solid-state polymer battery pack development.

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