Muln yahoo finance latest data for "muln yahoo finance"

Latest data for "muln yahoo finance" shows Mullen Automotive Inc. trading around $0.40 with intraday volatility exceeding 8%. Recent volume spikes suggest speculative interest, but RSI near 65 hints at short-term overbought conditions. Traders are eyeing the EV sector’s Q2 delivery numbers for direction. Like those other firms, Faraday talks a great deal about unimpressive future plans and partnerships that are either unremarkable or unspecific or both. And similar to its troubled peers, Faraday has never generated much revenue. Workhorse had only $13 million in revenue last year despite being founded in 2007 . Mullen and Canoo did even worse, having less than $1 million in sales in 2023 despite being launched several years ago . Lordstown went bankrupt in June 2023. "Vehicle sales and customer service remained the top priority for Bollinger Motors throughout the receivership process, and I commend the team for continuing to gain momentum, even during this distraction," said Michery. "We look forward to putting this chapter in the rearview mirror and continuing to help customers find more sustainable transportation options. We are focused on the shared vision of both Mullen Automotive and Bollinger Motors to help electrify fleets with world-class vehicles and industry-leading customer and dealership support. Our optimism for Bollinger Motors and its current and future products and prospects has never wavered." Mullen’s challenge remains scaling production while maintaining liquidity amidst capital market headwinds.