Mullen Automotive, Inc. (MULN) Reports Q1 Loss of $0.28/sh

Mullen Automotive, Inc. (NASDAQ: MULN) reported Q1 EPS of ($0.28), versus ($8.93) reported last year.

Mullen Production Outlook

Looking forward, quite simply our objective is to move our commercial vehicles from product development to production, including the necessary steps of completing certification. As we have said, retail production of the Mullen FIVE and the Bollinger B1 and B2 are planned to be in our Mishawaka, Indiana facility, while the commercial vehicles are planned to be assembled and manufactured in our Tunica, Mississippi facility. Our current plan is to start production of the Mullen FIVE in the fourth quarter 2024, first quarter of 2025. Bollinger B4 start of production is planned for the first quarter of 2024.

For earnings history and earnings-related data on Mullen Automotive, Inc. (MULN) click here.

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