An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Impairment of property, plant, and equipment, and other non-current assets

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Market Cap

Mullen Automotive

Mullen Automotive Inc. is a southern California-based electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. The company was founded on April 20, 2010 and is headquartered in Brea, CA.

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Mullen Automotive Inc. operates as an electric vehicle company, which engages in the manufacture of passenger electric vehicles and commercial vehicles. It operates through the Bollinger and Mullen/ELMS segments. The company was founded by David Michery on April 20, 2010 and is headquartered in Brea, CA.

Mullen Automotive (NASDAQ: MULN ) stock is up on Friday after the electric vehicle (EV) company brought in a new executive to handle sales of its products in Europe. Alain Van Munster is joining Mullen Automotive as the EV company's new VP Europe Middle East and Africa.

MULN Stock Alert: Mullen Automotive Hires New Head of Europe Sales

Company continues European expansion for commercial electric vehicle sales; new VP of Sales for Europe, Middle East and Africa appointed to oversee EMEA markets

Mullen Announces Hiring of Former European Manheim and Copart Executive, Alain Van Munster, to Lead Europe Sales Efforts

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In a lackluster performance that has seen Mullen Automotive (NASDAQ: MULN) stock retrace by almost 70% this year, the company's executive branch has not been idle, seeking out new partnerships and developing new programs in a bid to reverse the fortunes for this EV maker.

What's going on with Mullen stock this week

Commercial food delivery upfitter submits purchase order for 40 all-electric Mullen-GO urban delivery vehicles Initial purchase order valued at approximately $440,000 USD with additional orders to follow BREA, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today a new European purchase order (“PO”) for 40 Mullen-GO urban delivery vehicles with Switzerland-based Antidoto SA, a commercial upfitter whose key focus is on-demand food delivery companies.

Mullen Announces New Commercial EV Fleet Order for Europe

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New PowerUP mobile charging system based on the all-electric Mullen THREE, a Class 3 cab chassis EV truck, provides increased versatility and 100% ZERO EMISSIONS power generation capable of delivering on demand, mobile DC fast-charging

Mullen Announces Development of Zero-Emissions, All-Electric PowerUP Mobile EV Charging Truck

Mullen Automotive (NASDAQ: MULN ) stock is on the move Friday after the company announced a new distribution partner for its electric vehicles (EV) in the Balkans Region. Mullen Automotive is teaming up with GAMA as one of its new distributors in Europe.

MULN Stock Alert: Mullen Secures Distribution Partner for Balkans Region

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Deal Creates Innovative Mobile Charging Solution for Electric Vehicle Fleet Owners OAK PARK, Mich. , May 22, 2024 /PRNewswire/ -- Bollinger Motors , Inc., an electric commercial vehicle ("EV") manufacturer, today announced it has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for electric vehicle owners.

Bollinger Motors Announces Sale of 50 Bollinger B4 Chassis Cabs to EnviroCharge

Deal value estimated at $8,250,000 Partnership creates innovative mobile charging solution for electric vehicle fleet owners BREA, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today Bollinger Motors (“Bollinger”) has reached an agreement to sell 50 vehicles to EnviroCharge, a provider of convenient and flexible charging solutions for an estimated deal value of $8,250,000 for electric vehicle owners.

Mullen Announces Bollinger Motors Sale of 50 Bollinger B4 Chassis Cab EV Trucks to EnviroCharge

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Positive stockholders' equity of $117,414,643 as of March 31, 2024 Company has additional $150 million in capital commitments to support the scaling of commercial EV operations BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces financial results for the three and six months ended March 31, 2024, and a business update.

Mullen Reports Q2 2024 Fiscal Quarter Results

Shares of Mullen Automotive Inc. rallied Tuesday after the maker of commercial electric vehicles announced new financing commitments that give it access to enough cash to run its business for more than a year.

EV maker Mullen now has enough cash to fund operations for more than a year

$150 million capital infusion allows Mullen and Bollinger to operate and expand domestic and international commercial sales efforts

Mullen Announces $150 Million Financing Commitment

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Approval delivers up to $21 million in deferred duty for the remainder of FY2024 and FY2025 and supports Company's focus on American manufacturing jobs Approval delivers up to $21 million in deferred duty for the remainder of FY2024 and FY2025 and supports Company's focus on American manufacturing jobs

U.S. Department of Commerce Approves Mullen's Tunica, Miss., Facility as Foreign Trade Zone

Mullen Automotive (NASDAQ: MULN) stock price is roaring back even as other electric vehicle (EV) stocks like Rivian and Lucid Motors plunge. It has soared by over 200% from its lowest point this year and is now hovering at its highest point since March.

Very good news for Mullen (MULN) stock but the core risk remains

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Mullen Automotive (NASDAQ:MULN) stock is on the move Tuesday after the company confirmed that subsidiary Bollinger Motors has reached a service agreement with Amerit Fleet Solutions. According to a press release from the company, Amerit Fleet Solutions is going to provide mobile service and maintenance for Bollinger Motors' commercial electric vehicles (EVs).

MULN Stock Alert: Bollinger Announces Partner for Warranties, Mobile Services

DETROIT , May 7, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, and Amerit Fleet Solutions ("Amerit"), a leading provider of customized fleet maintenance and repair programs nationwide, announced today that they have entered into an agreement for Amerit to provide mobile service and maintenance to Bollinger's commercial fleet customers. Under the terms of the agreement, the two companies will jointly provide EV service and warranty support for the Bollinger B4 in key states allowed by law, as well as future vehicles developed by Bollinger Motors.

Bollinger Motors Taps Amerit Fleet Solutions for Mobile Service & Warranty for the Company's B4 All-Electric Class 4 Commercial Truck

BREA, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today its subsidiary, Bollinger Motors, and Amerit Fleet Solutions (“Amerit”), a leading provider of customized fleet maintenance and repair programs nationwide, have entered into an agreement for Amerit to provide mobile service and maintenance to Bollinger's commercial fleet customers.

Mullen Announces Bollinger Motors Taps Amerit Fleet Solutions for Mobile Service and Warranty for the Company's B4 All-Electric Class 4 Commercial Truck

News for Mullen Automotive Stock (MULN)