What You Need To Know About Hot Stock Mullen Automotive (MULN)
The EV company has created huge buzz and a skyrocketing stock price in recent weeks
In recent weeks one of the hottest stocks in terms of buzz and price surge has been Mullen Automotive, Inc., (MULN). The small market cap company specializing in EVs and EV batteries has many investors excited about their possible future. But what exactly does Mullen do and where are they going? Here are some things you need to know about the new kid on the block in the hot stock space.
According to the Mullen website:
“Mullen Technologies Inc was incorporated by CEO David Michery in 2014 as a successor company from the acquisition of CODA Automotive and Mullen Motor Cars.
“CODA Automotive: Founded in 2009, the award winning company’s all-electric sedan came with a range of 88 mi (142 km), the longest among its class at the time. At one point, CODA was one of the only two certified EV companies selling EVs across the US; the other company being Tesla. CODA was focused on accelerating the adoption of electric vehicles by improving performance, safety, reducing cost, and commercializing production of battery systems built for automotive applications.”
