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 â€˜Liberation Day' Tariffs

Photo via Mullen

Recommended

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

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

Maverick Trader Reveals 97% Accurate System - Ad

President Donald Trump bitterly attacked “60 Minutes” shortly after the CBS newsmagazine broadcast stories on Ukraine and Greenland on Sunday, saying the network was out of control and should “pay a big price” for going after him.

Social Security Payments For Group 3 Retirees To Be Sent On April 16: What You Need To Know About Your Benefits

Social Security payments for Group 3 retirees will be sent on April 16, based on retirement date and birthdate.

Nvidia Is About to Shock the World: April 23rd

Nvidia Is About to Shock the World: April 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: April 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Warren Buffett Stands Tall In 2025 As Elon Musk, Jeff Bezos And Mark Zuckerberg Bleed Billions In Net Worth: 'Oracle Of Omaha' Emerges As Lone Gainer Among Top Billionaires Amid Market Rout

Trump's tariff hike causes chaos in global markets, with tech billionaires like Musk, Bezos, and Zuckerberg suffering huge losses.

An AI avatar tried to argue a case before a New York court. The judges weren't having it

NEW YORK (AP) — It took only seconds for the judges on a New York appeals court to realize that the man addressing them from a video screen — a person about to present an argument in a lawsuit — not only had no law degree, but didn't exist at all.

Trump Signals "End of M.A.G.A."

Trump Signals "End of M.A.G.A." - Ad

Trump's new mission: Make America Wealthy Again. And according to ex-CIA advisor Jim Rickards, the U.S. is sitting on a $150 trillion fortune--enough to make every family millionaires. Discover how this hidden wealth could soon change everything.

Microsoft founder Bill Gates reflects upon a 50-year-old computer code that reshaped technology

Even as he grows older, Microsoft founder Bill Gates still fondly remembers the catalytic computer code he wrote 50 years ago that opened up a new frontier in technology.

Ex-official says he was forced out of FDA after trying to protect vaccine safety data from RFK Jr.

WASHINGTON (AP) — Shortly before he was , the nation’s top vaccine regulator says he refused to grant Health Secretary team unrestricted access to a tightly held vaccine safety database, fearing that the information might be manipulated or even deleted.

Putting Your Name on This List Could Hand You $1,270 on Friday

Putting Your Name on This List Could Hand You $1,270 on Friday - Ad

URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.

PHOTO ESSAY: In a Greek island monastery, a monk has kept together faith and community for 50 years

AMORGOS, Greece (AP) — For more than 50 years, Spyridon Denaxas — or Father Spyridon, as he’s affectionately called — has prayed, worked and welcomed the faithful in a millennium-old monastery carved into a seaside cliff on the Greek island of Amorgos.

Crypto Attorney Sues US Government To Unmask Satoshi Nakamoto, Creator Of Bitcoin

In another interesting twist in the Satoshi Nakamoto saga, cryptocurrency lawyer James Murphy sued the U.S. government in an attempt to determine the identity of the pseudonymous Bitcoin (CRYPTO: BTC) creator.

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!

New ETFs Offer Bitcoin Exposure With Built-In Safety Nets

New target outcome ETFs from First Trust provide a controlled way to invest in bitcoin with a cap and floor, offering potential upside and downside protection.

Cathie Wood Loads Up On $18.2 Million Worth Of Nvidia Stock, Adds $5.8 Million Worth Of Amazon Shares To Her Shopping Cart Amid Trump Tariff Upheaval

Cathie Wood's Ark Invest made bold moves Tuesday, buying millions worth of Amazon, NVIDIA, Tempus AI, and Coinbase shares across its ETFs.

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.

Man Arrested For Arson At Pennsylvania Governor's Residence, Josh Shapiro Says, 'This Kind Of Violence Has Become Far Too Common'

A man was arrested for a targeted arson attack on Pennsylvania Governor Josh Shapiro's residence while he and his family were inside, prompting attempted murder and terrorism charges.

Trump reaches deals with 5 law firms, allowing them to avoid prospect of punishing executive orders

WASHINGTON (AP) — announced deals Friday with five law firms that will allow them to avoid the prospect of a punishing executive order and require them to together provide hundreds of millions of dollars' worth of free legal services for causes his administration supports.

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.

African nations that faced steep Trump tariffs get some relief but mostly more uncertainty

CAPE TOWN, South Africa (AP) — African nations that faced from the Trump administration were given a moment of relief Thursday by , only for new uncertainties to hang over key businesses sending clothing and textiles, vanilla and fruit to the United States.

White House threatens Colombia over regulations affecting US auto exports

BOGOTA, Colombia (AP) — The White House is urging Colombia to halt the implementation of new auto safety regulations that could jeopardize American car exports to Colombia, as both nations prepare to discuss tariffs recently imposed on Colombian products including coffee, avocados, flowers and oil.

Elon's Biggest Secret Could Save Your Retirement

Elon's Biggest Secret Could Save Your Retirement - Ad

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

US Stocks Likely To Open Lower After 3-Day Fall: 'Equity Drawdown Probability Hasn't Peaked Yet,' Says Goldman Sachs Analyst

U.S. stock futures fell on Monday after three consecutive days of decline on Friday. Futures of benchmark indices were lower in premarket.

China Now Faces Up To 245% Tariffs On Certain Imports, Says White House: Here's What You Should Know

President Donald Trump's administration has raised tariffs on Chinese imports by 245% after a 145% levy earlier.

The Most Powerful Trade You've Never Heard Of

The Most Powerful Trade You've Never Heard Of - Ad

310F: These four characters could hold the secret to the most powerful trade you've never heard of. It's released every Tuesday and could DOUBLE your money by Friday. One trader has been quietly using it to generate spectacular, consistent results, making money 97% of the time. This shocking video exposes how you too can use

$74 Billion Wiped Out Since Tariff Declaration - See How Much The Billionaires Lost

In a significant market downturn since President Trump announced new tariffs worldwide, the world's wealthiest individuals have seen their fortunes shrink by $74 billion.

Keystone oil pipeline shut down after a rupture in rural North Dakota

BISMARCK, N.D. (AP) — The Keystone oil pipeline was shut down Tuesday morning after it ruptured in North Dakota, with the spill confined to an agricultural field.

Tiny AI Firm Could Outperform NVIDIA

Tiny AI Firm Could Outperform NVIDIA - Ad

The Fear & Greed Index shows "extreme fear"--precisely when life-changing wealth is created for those with the right strategy. My elite research team has broken down exactly how to identify the coins with highest rebound potential in this artificially suppressed market.

Meta CEO Zuckerberg spars with FTC lawyer over meaning of emails cited in antitrust trial

WASHINGTON (AP) — Meta CEO Mark Zuckerberg sparred Tuesday with a Federal Trade Commission attorney over the meaning of emails the Facebook founder wrote about why he wanted to acquire Instagram, as a historic antitrust trial alleging Meta illegally monopolized the social media market went into its second day.

UnitedHealth cuts 2025 forecast after dealing with first-quarter care use spike

UnitedHealth chopped its 2025 forecast after being surprised by care use from its Medicare Advantage customers in a worse-than-expected first quarter.

Trump to Unlock 15-Figure Fortune for America (May 3rd)?

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

Tokyo Gas purchases Chevron's Texas gas assets for $525 million

TOKYO (AP) — TG Natural Resources, owned by Tokyo Gas Co. and Castleton Commodities International, is acquiring a 70% stake in the East Texas gas assets of Chevron U.S.A. Inc., a subsidiary of Chevron Corp., for $525 million.

Prosecutors directed to seek death penalty against UnitedHealthcare killing suspect Luigi Mangione

NEW YORK (AP) — U.S. Attorney General Pam Bondi said Tuesday she has directed federal prosecutors to seek the death penalty against Luigi Mangione, the man accused of gunning down Brian Thompson outside a New York City hotel on Dec. 4.

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

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

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Trump hits the golf course as stock market continues to slide from his tariff plans

WEST PALM BEACH, Fla. (AP) — Two days after sending the global economy reeling by on foreign imports, President insisted his trade policies will “NEVER CHANGE” as he remained ensconced in a bubble of wealth and power in Florida.

Think GameStop's 150% Yearly Jump Was Wild? Check Out Its Namesake Memecoin, Which Leaves It In The Dust With A 5X Surge

GameStop Corp. (NYSE:GME), the video game retailer turned meme stock sensation, has seen its stock price skyrocket over the past year, leaving many Wall Street giants in the dust.

Out of 23,281 Stocks... This Is the Only One

Out of 23,281 Stocks... This Is the Only One - Ad

Out of 23,281 stocks, one stands out - wildly profitable, deeply undervalued. It generates $1B+ more cash than AMD, yet trades 20x cheaper. Backed by Trump and partnered with a top AI firm, this could be the stock to own now.

Asian markets rally after Wall Street ends higher in the chaotic and historic week

HONG KONG (AP) — Asian markets rallied on Monday as tensions over trade eased slightly after U.S. President Donald Trump said electronics such as phones and laptops would not be subject to the same high import duties as some other products.

Dan Ives Cuts Tesla Target To $315, Slashes Apple By 23% Amid Tariff Fallout, Warns Elon Musk-Led EV Maker Faces 'Darker Days' Ahead

Wedbush Securities analyst Dan Ives has lowered his Tesla Inc. price target to $315 from $550 while maintaining an "outperform" rating, citing growing concerns about the electric vehicle maker's brand perception and softening demand.

The Mag 7 Crash Was No Accident

The Mag 7 Crash Was No Accident - Ad

Wall Street told you to buy the "Mag 7"... then dumped them before the crash. Now they're earning up to 140% yields from new income ETFs--using the same stocks they told you to hold. Want in? This one-click strategy flips the game.

Why Elon Musk May Regret Ignoring Warren Buffett's Political Strategy

The political activities of Elon Musk, the CEO of Tesla Inc. (NASDAQ: TSLA) and SpaceX, have led to a significant backlash, causing a decline in Tesla's sales and triggering protests against the company.

Trending Now