Mullen Automotive Inc./MULN Overview
MULN company is an electric vehicle manufacturing company. This company is established within BREA California. This company was formed in the year 2012, its founder is David Michery.
This company was made public in 2021. Let us tell you that MULLEN company does automotive design, manufacturing and distribution. It gives them off with that polymer battery technology.
The project to make an SUV by this company is to be started in 2023. MULLEN makes the DRAGONFLY electric motorcycle. So started making this electric motorcycle project.
This company also has partnerships with many other electric vehicle manufacturing companies. Within the electric vehicle industry, the company is a Chinese battery manufacturer and provider of charging solutions such as EV Great.
Right now the company is preparing the most effective Lithium Ion Battery Internet with Solid Polymer Battery Technology. This company is a newly formed YOUNG company.
In which I have brought my business in progress since few years. This company has been given many awards and honors for the products made by it. The Outlaws has a strong management team which makes its track record one of the best within the automotive industry.
Mullen Automotive Inc. Business Model
MULN is an American automotive and electrical manufacturing company. Let us tell you that this company has increased its development manufacturing and SALE due to its business model in the past.
This company also provides charging solution. The purpose of this company is to create an end-to-end ecosystem and grow itself inside EV and want to give more information about it to others.
This company business model is as follows –
Product development:- Mullen is developing INNOVATIVE EV keeping in view the customer and new business. Let us tell you that this company is trying to make its products stylish, helpful and affordable.
Manufacturing: – This company has about US best assembly plant, inside which its company has such a city that it can make about one and a half lakh electric meters within a year. This company is increasing its manufacturing gradually while securing itself further from the going payment according to the manufacturing capacity separately.
Sales and marketing:- This company is trying its best to sell its AV through online channel and independent dealership. The company which believes that it can meet the EV demand due to its develop partnership.
Energy solutions: –Is the company preparing energy solutions? This company is making its solution with the support of solar panels and battery storage systems. Due to the same thing, helping the company to make your solution, it can easily make this solution at a low cost.
Right now the company’s business model is working as an initial model as it has been a few years since the company went public, due to which it has to gradually move forward improving its track record.
Mullen Automotive Inc. SHAREHOLDERS
Shareholders of Mullen Automotive Inc. as of March 30, 2023:
- David Michery (1.707%)
- The Vanguard Group, Inc. (0.5201%)
- Robert Bollinger (0.2215%)
- Geode Capital Management LLC (0.1611%)
- Drake & Associates LLC (0.0389%)
- SSgA Funds Management, Inc. (0.0371%)
- BlackRock Inc. (0.0363%)
- VTSMX – Vanguard Total Stock Market Index Fund Investor Shares (0.0359%)
- IWM – iShares Russell 2000 ETF (0.0357%)
- VEXMX – Vanguard Extended Market Index Fund Investor Shares (0.0356%)
Muln stock forecast 2023
Let us tell you that this company is running on bearish trend. Let us tell you that the highest stock forecast of this company can be at $0.90. Looking at some of the automobile lists, it is learned that the position of this company may go up within the next few weeks.
If the company continues to grow, the forecast for this worthy stock could be $0.65. If the company turns bearish, its lowest stock forecast could be around $0.35. The stock price of this company can be higher than the price mentioned by us.
Muln stock forecast 2025
In year 2025 muln automotive company may be bullish. We can think that the highest stock forecast for this company can go up to around $2.
Let us tell you that the lowest stock forecast of this decrease can be around $ 0.50, with this its average stock forecast can be around $ 1.
Muln stock forecast 2028
Mullen Automotive company is a long-term high profit company. The average stock forecast for this company can be around $3.
Let us tell you that this sister forecast of this company is around $ 5 and with this its market can be bullish. With this, its stock forecast from people can be around $1.
Muln stock forecast 2030
If you can hold this company till 2030, then according to the long term it can get good returns. Let us tell you that according to our long-term target, its stock forecast can be better.
With this, its average stock forecast can be $5. According to this, the stock forecast from its people can touch around $ 3 and the highest stock forecast can touch up to $ 10.
Muln stock forecast 2040
According to us, if the company’s stock is big with a significant increase between 2030 to 40, then you will get a lot of benefit from investing in it. We are duly forecasting and informing you about it.
Its movie stock price may suddenly increase in the coming years. With this, its average stock forecast can be around $12, with this its lowest stock forecast can go up to $10 and highest stock forecast can go up to $18.
Muln stock forecast 2050
Electric vehicles will be given a lot of importance in the coming future. The reason for which will be because in future people will be more interested in buying electric vehicles.
Seeing the way the price of petrol diesel has increased in today’s time, people want to drive on less money, due to which electric vehicle can become electric vehicle, electric vehicle can become a solution to this problem.
When this happens people will start liking you and with this they will invest on its stop and with that its average stock forecast can be around $90. With this, its highest forecast could be around $50 with its lowest stock forecast at $200.
FAQ :-
1. What is the current price of Mullen stock?
As of July 23, 2023, the current price of Mullen stock is $0.14 per share.
2. What is the highest Mullen stock has ever reached?
The highest Mullen stock has ever reached was $8.89 per share in October 2012.
3. What is the lowest Mullen stock has ever reached?
The lowest Mullen stock has ever reached was $0.0001 per share in December 2021.
4. Is Mullen stock a good investment?
Whether or not Mullen stock is a good investment depends on your individual investment goals and risk tolerance. There is no guarantee that the stock will go up in value, and you could lose money if you invest.
5. What is the best way to buy Mullen stock?
You can buy Mullen stock through a brokerage account.