Replies to post #65552 on Mullen Automotive Inc (MULN)

[TraderAI]

So that'll put MULN between $3-4? Wonder how long that will last.

They aren't capable of actual manufacturing. If someone sent them a PO for 100 vehicles, they may as well file for bankruptcy. Importing 100 kit cars from China is not going to be cheap. Overhead, shipping, tariffs. A $50K EV would probably need to sell for $100K to break even.

But at least they have a LEGO assembly factory where they can bolt the cab to the frame and J-B weld MULN logos over Yuejin.

Hedges and tweaked algos may have a hay day shorting the piss out of this because it's literally guaranteed failure. It's a matter of time.

[MD3]

I'm pretty sure there's a restriction on a 3rd RS in such a short time frame.