muln stock price posted a late-session jump on heavy buy-side block trades, signaling potential institutional accumulation. Market watchers now eye the $0.23 level as the next technical pivot. Is this enough to turn the tide on MULN stock? Its finally starting to see revenue, bringing in $33,000 in the second quarter of fiscal 2024 . But the losses are staggering, at $177.3 million for the quarter. Bollinger Innovations, Inc. (NASDAQ: BINI) (effective July 28, 2025 and formerly, Mullen Automotive Inc. (NASDAQ: MULN ) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with U.S. based vehicle manufacturing located in Tunica, Mississippi, (120,000 square feet). In August 2023, Bollinger Innovations began commercial vehicle production in Tunica. As of January 2024, both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S. The Company’s commercial dealer network consists of seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets. muln stock price has seen a 15% week-to-date gain, outperforming most small-cap EV peers. Market chatter links this move to possible corporate partnership rumors in the electric mobility space.
