Mullen Automotive's Record-Breaking EV Van Sales and Stock Performance

TL;DR Summary
Mullen Automotive Inc. has recorded its first-ever revenue with the sale of 22 EV cargo vans to Randy Automotive Group, generating $308,000 in revenue. The company's stock, which had experienced a significant decline in recent days, saw a slight rebound following the announcement. Mullen continues to receive strong interest for its commercial EVs, with the campus van proving to be a popular choice for various closed campus commercial applications.
Topics:business#business#ev-cargo-vans#mullen-automotive#randy-automotive-group#revenue#stock-performance
- Mullen Automotive records revenue for the 1st time with sale of 22 EV cargo vans MarketWatch
- Mullen Announces the Sale of 22 EV Cargo Vans to Randy Marion Automotive Group; Sales Revenue to Be Recognized in Upcoming 10-Q Yahoo Finance
- Mullen Automotive announces sale of 22 EV cargo vans to Randy Marion Automotive Seeking Alpha
- Mullen Automotive’s stock falls toward another record low and another record monthly selloff MarketWatch
- As Lordstown Motors collapses, Mullen Automotive, Canoo could be next Kalkine Media
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
72%
246 → 69 words
Want the full story? Read the original article
Read on MarketWatch