Mullen Automotive, Inc.

United States

Mullen Automotive, Inc. is a U.S.-based electric vehicle manufacturer focused on sustainable automobile production. The company develops innovative EV designs and leverages advanced technology to transform the automotive landscape.

CCI Score

-18.80

0.01% April 18

Latest Event

Mullen Automotive Secures $50 Million Funding and Avoids Reverse Stock Split

Mullen Automotive's shares surged over 80% after the company secured a $50 million funding commitment and reaffirmed it will not pursue a reverse stock split. This move, reported by Benzinga, is viewed as a sign of robust corporate governance and a commitment to sustainable, transparent business practices during a period of market turbulence linked to new tariffs.

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ENABLER

Mullen Automotive, Inc. is currently rated as an Enabler.

-10 to -19 CCI Score

Companies in this segment facilitate authoritarian practices while claiming neutrality. They provide resources or support that indirectly bolster oppressive regimes, thereby undermining democratic accountability without overtly endorsing the regime.

Latest Events

APR

05

2025

Mullen Automotive Secures $50 Million Funding and Avoids Reverse Stock Split
40.00

Mullen Automotive's shares surged over 80% after the company secured a $50 million funding commitment and reaffirmed it will not pursue a reverse stock split. This move, reported by Benzinga, is viewed as a sign of robust corporate governance and a commitment to sustainable, transparent business practices during a period of market turbulence linked to new tariffs.
MAR

29

2025

Mullen Automotive Workforce Reduction
-70.00

The article reports that EV maker Mullen Automotive is set to further cut costs by slashing its workforce amid broader market volatility triggered by Trump's 25% tariff on imported automobiles and parts.
JAN

10

2024

Mullen Automotive Pursues U.S. Border Patrol Contract
-26.41

Mullen Automotive, along with RRDS, submitted a final Ruling Request Application to substantially transform its Class 1 EV cargo van to meet U.S. Border Patrol requirements. A favorable ruling would allow the company to expand its federal contracting opportunities, thereby aligning its product line with state enforcement functions.
-30

Economic Collaboration

March 29

Mullen's effort to modify its Class 1 EV cargo van for U.S. Border Patrol use suggests a strategic alignment with governmental enforcement agencies. From an anti-fascist perspective, enabling products that could be deployed in repressive border enforcement contributes to authoritarian practices and may adversely impact marginalized communities.

Mullen Automotive Provides 2023 Financial Results and Current Business Update