stock forecast ( sofar 88% down )
The 1 analysts offering 12-month price forecasts for Mullen Automotive Inc have a median target of 23.00, with a high estimate of 23.00 and a low estimate of 23.00. The median estimate represents a +3,679.17% increase from the last price of 0.61.
TLRY – 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 would be wise to stay away from penny stocks Tilray Brands (TLRY) and Mullen Automotive (MULN). Read on….
VWAGY – 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 Motor (HMC) now.
Sep 7, 2022
8:33a ET 9/1/2022 - Benzinga MULN GO UP TIL 0.62 TO 0.74 TODAY
| Mentioned: | MULN |
Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces a signed partnership with Watergen Inc. to develop and equip Mullen's portfolio of electric vehicles with technology that will produce fresh drinking water from the air for in-vehicle consumer and commercial applications.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Mullen Announces Collaboration With Team Rosberg Engineering (TRE) For Vehicle Chassis Development
- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today a collaboration with TRE (Team Rosberg Engineering) GmbH from Germany on vehicle chassis and safety development for the Mullen FIVE EV Crossover Program.
Mullen is currently working with engineering partner ARRK to finalize the structural layout for the Mullen FIVE with computer-aided engineering (CAE) simulation loop. The program is on track to finish engineering development next year as originally planned. Mullen previously announced its partnership with leading German automotive engineering company ARRK in December 2021. ARRK is supporting Mullen with CAE, body in white, battery, closures, interior, chassis, thermal, and infotainment engineering.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
8:32a ET 8/22/2022 - Benzinga
| Mentioned: | MULN |
BREA, Calif., Aug. 22, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer,
BREA, Calif., Aug. 22, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today that the first fully functional demonstrator vehicles of the Mullen FIVE EV Crossover will begin arriving this October.
Mullen and hofer powertrain have been jointly developing the upcoming fully functional, demonstrator FIVE EV Crossover vehicles. These vehicles will be utilized in Mullen's upcoming 2022 "Strikingly Different" Test Drive Tour as well as other events planned across the U.S. in 2023. The future Mullen FIVE production vehicles will feature performance specs such as a 120-kWh battery pack, 325 miles of range, 0-60 mph in 3.2 seconds and a top speed of 155 mph. The future Mullen FIVE RS High Performance version will feature 0-60 mph in 1.95 seconds and a top speed of over 200 mph. The FIVE RS will be ready for consumers to experience in person in the spring of 2023.
Mullen Automotive is committed to making the upcoming test drive tour a highly customer-focused event; "Front Row" FIVE reservation holders will have the first chance to experience the Mullen FIVE in person. Additionally, the tour will also provide the company with a platform for first-hand feedback opportunities. During the tour, Mullen will interview consumers to gain insights into customer needs and focus on continuous improvements, creating a vehicle that customers truly love.
"We are thrilled to launch the first fully functional, demonstrator FIVE EV Crossover vehicles this October," said David Michery, CEO and chairman of Mullen Automotive. "Mullen and hofer have been working diligently to have these vehicles ready in time for Mullen's ‘Strikingly Different' U.S. tour. Congratulations to both the hofer and Mullen teams on being able to make this monumental effort a reality."
Mullen will offer "Front Row" FIVE reservation holders the first chance to test drive and experience the Mullen FIVE in person on the "Strikingly Different" U.S. test drive tour. Mullen asks interested individuals who have not already done so to book their FIVE reservations here in order to secure a spot on the upcoming national tour. Further details and upcoming progress will be shared on Mullen's social media platforms and with individuals who opt to stay connected here.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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