IMHO the only logical reason for $MULN's share price to fall to these levels is because "Elon" wants to be King in the EV market and will do whateverit takes to stop David who has a serious rock headed for Elon aka Goliah imho.
"Some have called Mullen Automotive a “Tesla Killer,” believing they may eventually have the ability to put out vehicles with as good or better technology than the EV giant at a competitive price. However, Mullen CEO David time. is having none of that talk at the present time................