Mullen Automotive (MULN) stock rises 5% as the company introduces a new cost-saving strategy to reduce costs by $170 million over the next year. The EV manufacturer aims to sell 100 commercial units in April.
Mullen Automotive says it will endeavor to save $170 million over next year.
stock in 2024, instead focusing on raising debt. The company is focused on sales of its Mullen ONEdelivery van, Mullen CAMPUSand Mullen THREEcab chassis. EV stocks FAQs What are electric vehicles? Electric vehicles or EVs are automobiles that use rechargable batteries and electric motors to accelerate rather than internal combustion engines . They have been around for more that 100 years, but battery technology research & development was meager for much of the 20th century.
’s history is its downtrend. This is the type of stock that should never be held long term. Opportunistic bulls might enter the fray, however, if
Mullen Automotive MULN Stock Cost-Saving Strategy EV Manufacturer Commercial Units April CEO David Michery Operations Streamline Optimize US Treasury Yields
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Get a new iRobot Roomba robot vacuum for $170 at Amazon's Big Spring Sale todayIf you're in the market for a robot vacuum, you won't want to be left out on this sizzling spring Amazon discount.
Read more »
Save over $170 on this Bluetti solar-powered portable generator at WalmartBe prepared for power outages and charge devices while on the road with a solar-powered portable generator from Bluetti- currently $226.99 at Walmart.
Read more »
Our favorite cheap Android tablet is on sale for $170Jeff is Engadget's Senior Commerce Writer, which means he spends his days composing buying guides, deal roundups, and anything else that helps you more easily figure out which tech is worth your time. He's reviewed consumer electronics for more than a decade, a stretch that includes stints at Ars Technica and Business Insider.
Read more »
Wild horse, burro advocates share concern over BLM population control plansBLM plan includes more than $170 million to constrain wild horse, burro populations
Read more »
Bob Marley Movie Digital Release Date Revealed After $169M Theatrical RunIt grossed nearly $170 million at the box office.
Read more »
'Eyes on the Road: Art of the Automotive Landscape' on display at the Petersen Automotive MuseumThe Petersen Automotive Museum in Los Angeles is now showcasing an exhibit of famous car-related works from artists including Ed Ruscha, Andy Warhol and David Hockney.
Read more »