Mullen Automotive Number of Employees 2013-2023 - Stock Analysis (2024)

FAQs

How many employees does Mullen Automotive have? ›

110 people are employed at Mullen Automotive.

One of the main reasons why Mullen's share price has plummeted to this extreme point is that the company has never generated a dollar in revenue since its IPO.

Cash on Hand as of December 2023 : $81.51 M

According to Mullen Automotive's latest financial reports the company has $81.51 M in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Mullen Automotive net worth as of March 27, 2024 is $0.03B.

Mullen Automotive (NASDAQ: MULN) is owned by 4.92% institutional shareholders, 1,472.58% Mullen Automotive insiders, and 0.00% retail investors. Kenges Rakishev is the largest individual Mullen Automotive shareholder, owning 19.71M shares representing 300.74% of the company.

Largest shareholders include Susquehanna International Group, Llp, Susquehanna International Group, Llp, Wolverine Trading, Llc, Vanguard Group Inc, BlackRock Inc., VEXMX - Vanguard Extended Market Index Fund Investor Shares, Wolverine Trading, Llc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Geode ...

Total debt on the balance sheet as of December 2023 : $18.99 M. According to Mullen Automotive's latest financial reports the company's total debt is $18.99 M. A company's total debt is the sum of all current and non-current debts.

Mullen Automotive has a total shareholder equity of $271.8M and total debt of $9.1M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are $381.2M and $109.4M respectively.

Shares of Mullen Automotive Inc. continued their slide into record-low territory Thursday after the electric-vehicle maker received a delisting determination.

The THREE is produced at Mullen's Commercial Vehicle Assembly Plant in Tunica, Mississippi. Production at the facility is planned at 3,000 Class 3 vehicles annually per shift.

Has Mullen sold any cars yet? ›

Mullen Announces the Sale of 22 EV Cargo Vans to Randy Marion Automotive Group; Sales Revenue to Be Recognized in Upcoming 10-Q. BREA, Calif., June 29, 2023– via InvestorWire – Mullen Automotive, Inc.

To date, Mullen has delivered 121 Class 3 vehicles for a total of $7,623,000 invoiced. Company focused and on track to deliver 150 vehicles by EOY 2023. Vehicles delivered are part of Randy Marion's 1,000 Class 3 purchase order.

Mullen Automotive, Inc. stock prediction for 1 year from now: $ 607.99 (15,137.96%) Mullen Automotive, Inc. stock forecast for 2025: $ 26.27 (539.24%) Mullen Automotive, Inc. stock prediction for 2030: $ 280,442 (6,823,304.90%)

The company has minimal revenue – in the thousands – yet spent over $229 million on operating expenses over that time. Last year, it burned through $740 million! Thus, it has effectively no gross profit, and Mullen's massive overhead costs lead to large losses and negative cash flow quarter after quarter.

Mullen Automotive Inc quote is equal to 3.990 USD at 2024-04-09. Based on our forecasts, a long-term increase is expected, the "MULN" stock price prognosis for 2029-04-06 is 24.338 USD. With a 5-year investment, the revenue is expected to be around +509.97%. Your current $100 investment may be up to $609.97 in 2029.

At the time, the group claimed to have 90 offices in 65 markets with about 6,400 employees. In 2017, the group purchased strategic communications agency salt Communications, which was integrated as MullenLowe salt, adding to its public relations capabilities.

Mullen Automotive, Inc., is an American automotive and electric vehicle manufacturer headquartered in Brea, California. Its products include passenger electric vehicles and commercial vehicles.

(NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces that for calendar year 2023 Mullen achieved its previously announced Class 3 target with 154 Class 3's built and 141 Class 3's delivered to Randy Marion Automotive Group (“RMA” or “Randy Marion”) for a total ...

Mullen Automotive has a total shareholder equity of $271.8M and total debt of $9.1M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are $381.2M and $109.4M respectively.