About Mullen Automotive, Inc. - Common Stock (MULN)
Mullen Automotive, Inc. is an electric vehicle manufacturer focused on designing and producing innovative electric cars and commercial vehicles aimed at enhancing sustainable transportation. The company is committed to developing advanced battery technologies and integrating cutting-edge features in their vehicles, while also emphasizing performance, design, and user experience. Mullen Automotive aims to capture a significant share of the rapidly growing electric vehicle market through its diverse lineup of vehicles, which includes both consumer-oriented models and fleet solutions for businesses. Read More
As the US market prepares to open on Friday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.
Mullen Automotive confirms its EVs, including Bollinger models, are fully assembled in the U.S. and not impacted by new vehicle tariffs. With over 67% of components sourced domestically, Mullen aims to maintain stable pricing and support fleet electrification for businesses seeking clean, cost-effective solutions.
Mullen Automotive (NASDAQ: MULN) announced that its Mullen and Bollinger commercial electric vehicles are fully assembled in the United States and exempt from recently announced tariffs on vehicles and components. With 67% and 71% of components sourced domestically for Mullen and Bollinger respectively, the company emphasizes its commitment to U.S. manufacturing and supply chain stability. Mullen’s lineup includes the Mullen ONE and Mullen THREE, while Bollinger offers the B4 chassis cab, which began deliveries in October 2024.
The Trump administration is continuing its trend of rescinding funds dedicated to green energy and climate change by the Biden administration. A document from the U.S. Department of Energy (DOE) has revealed that the current administration is canceling grants for renewable energy projects, putting more than 300 initiatives at risk of closure.
NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Mullen Automotive, Inc (“Mulllen” or the “Company”) (NASDAQ: MULN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Mullen To Contact Him Directly To Discuss Their Options
SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of persons or entities who purchased or otherwise acquired Mullen Automotive, Inc. (NASDAQ: MULN) securities between February 3, 2023 and March 13, 2024. Mullen purports to be an electronic vehicle (“EV”) manufacturer.
Mullen Automotive sees shares rise after successfully opposing a motion to dismiss its lawsuit against financial firms accused of stock manipulation. The case, advancing in the U.S. District Court for the Southern District of New York, alleges high-frequency algorithmic trading tactics were used to distort share value.
Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced a key legal victory after a federal court denied a motion to dismiss its spoofing lawsuit against IMC Financial Markets, Clear Street Markets LLC, UBS Securities LLC, and others. The lawsuit alleges that defendants used high-frequency algorithmic trading tactics—including “Baiting Orders”—to manipulate Mullen’s stock price between Nov. 2021 and Nov. 2023. The court found sufficient evidence that defendants placed and canceled large volumes of sell orders to artificially depress prices, harming Mullen and its shareholders. The case will now proceed to discovery.
Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced a key legal victory after a federal court denied a motion to dismiss its spoofing lawsuit against IMC Financial Markets, Clear Street Markets LLC, UBS Securities LLC, and others. The lawsuit alleges that defendants used high-frequency algorithmic trading tactics—including “Baiting Orders”—to manipulate Mullen’s stock price between Nov. 2021 and Nov. 2023. The court found sufficient evidence that defendants placed and canceled large volumes of sell orders to artificially depress prices, harming Mullen and its shareholders. The case will now proceed to discovery.
In a significant victory for Mullen and other emerging companies who have alleged losses due to stock manipulation, a federal judge denied IMC, Clear Street, and UBS’s motion to dismiss the lawsuit, finding Mullen’s claims were adequately pled. The litigation will now move forward into full discovery
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Mullen To Contact Him Directly To Discuss Their Options
NEW YORK, March 30, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Mullen Automotive, Inc (“Mulllen” or the “Company”) (NASDAQ: MULN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Chinese battery electric vehicle (BEV) manufacturer BYD has once again outpaced Tesla in global electric vehicle sales. A recent financial report from the Shenzhen-based automaker revealed that BYD’s revenue surged by 29% in 2024, reaching an impressive $14.8 billion—eclipsing Tesla’s reported revenue of $13.5 billion for the same period.
