Company has three vehicle lines in full production and continues to exclusively focus on near term commercial revenue generation and enhanced operational efficiencies 20% reduction in headcount across ...
Reduction of monthly burn from $16.8M in August to $5.3M by November significantly enhances financial stability. Sale and delivery of 100 commercial electric vehicles generating $5.5 million indicates ...
Company has reduced monthly burn from $16.8M in August 2024 to $11.8M in September 2024 and to $5.3M in October and November 2024 Since Sept. 30, 2024, Mullen has sold and delivered 57 Class 3 and 43 ...
Mullen Automotive, Inc. (NASDAQ:MULN) shares are trading higher after the company announced a commercial vehicle sales update. Since September 30, Mullen said it has sold 100 Class 1 and Class 3 ...
Mullen Automotive must pay GEM Group $27 million in damages and $3.8 million in attorney fees, with 9% interest on unpaid amounts. GEM Group has 55 days to decide on taking over Mullen’s Mishawaka ...
Mullen Automotive Inc. (Nasdaq: MULN) is forecasting revenue of $4.5 million for the fiscal quarter ended Sept. 30, an increase from the previous quarter’s sales of $65,235. The Brea-based automaker ...
Company has three vehicle lines in full production and continues to exclusively focus on near term commercial revenue generation and enhanced operational efficiencies In recent months, the Company has ...
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