Mullen Automotive Inc (MULN)

[Jagman5]

While I agree with you, we will still see those guys taking every kind of financing they can think of to pull in more cash. Building vehicles is extremely expensive. They still have the entire Tunica plant to build out and tool for production for around a billion dollars or so.

They'll start production in Mishawaka but will quickly outgrow that facility. The capacity is only 50,000 vehicles per year. When they actually start producing vehicles they will get flooded with orders. There is a lot of pent-up demand out there and they want to build 7 or 8 different vehicles.

$MULN