Stock

MULN Stock: Best of Luck to Mullen Auto, Farewell Now to the Stock

By Betty C. Morrow 3 months ago

Mullen Automotive Inc. (NASDAQ:MULN) stock is “a Southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions.”

A photo of an electric car with the charger plugged in.

Source: Nick Starichenko/InvestorPlace.com

It is also an emerging electric vehicle (EV) maker. And it is a speculative stock, a penny stock that just found a clever way to avoid a massive risk — the risk of getting delisted from Nasdaq.

In a world that evolves so fast and news in the stock market is so abundant, it is important to remind you that back on Aug. 31, 2021, Net Element, Inc. merged with Mullen Automotive.

Net Element operated “a payments-as-a-service transactional and value-added services platform for small and medium enterprises (“SMEs”) in the U.S. and selected emerging markets.”

On top of that, Net Element was using blockchain technology solutions and back in 2017 was among the

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Which Electric Vehicle Stock is a Better Buy?

By Betty C. Morrow 4 months ago

Today I’ll analyze and compare Mullen Automotive (MULN) and Cenntro Electric Group (CENN) to determine which electriv vehicle stock is currently a better buy.



shutterstock.com – StockNews

The electric vehicle (EV) market is growing at a solid pace, with over 6.6 million EVs being sold across the globe in 2021, representing more than a 100% increase compared to 2020. In addition, EV market share soared from  4.11% in 2020 to 8.57% in 2021. 

With the ongoing high demand for low emission vehicles and government support via subsidies and tax rebates, the global EV industry is anticipated to hit $802.81 billion by 2027, growing at a CAGR of 22.6%, Allied Market Research reports. Consequently, EV makers should benefit from the industry’s growth in the long term. 

In this article, I am going to analyze and compare two EV penny stocks, Mullen Automotive, Inc. (MULN) and Cenntro Electric

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Rivian Picks Up an EV Award From Edmunds. Its Stock Falls Anyway.

By Betty C. Morrow 6 months ago

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The 2022 Rivian R1T.


Courtesy of Rivian

Automotive data provider Edmunds released its 2022 list of the top-rated cars, trucks, and SUVs Wednesday. Electric-vehicle maker




Rivian Automotive

picked up an award in a brand-new category.

“Every year, we test over 300 vehicles on road and track to deliver the definitive verdict,” said Alistair Weaver, editor in chief at Edmunds, in a news release. “Our winners aren’t just the best vehicles that happened to launch this year; they’re the best vehicles you can buy today.”




Rivian

‘s (ticker: RIVN) brand-new pickup truck, dubbed R1T, was named the first-ever Edmunds Editors’ Choice. “Were proud to debut an award to honor a vehicle that’s exceeded our expectations and delivered something genuinely new,” said an Edmunds presenter. The R1T is, essentially, the first all-electric pickup truck being delivered in the U.S. Edmunds praised the R1T’s range, power, and handling.

It’s another

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Which Car Dealership Stock is a Better Buy? By StockNews

By Betty C. Morrow 7 months ago

© Reuters. Vroom vs. AutoNation: Which Car Dealership Stock is a Better Buy?

Because the resurgence of COVID-19 cases is again benefitting automobile sales as people purchase cars to avoid public transport, the car dealership industry is well-positioned to witness sales growth. And we think AutoNation (NYSE:) and Vroom (VRM) should benefit from this. But which of these two stocks is a better buy now? Read more to find out.AutoNation, Inc. (AN) in Fort Lauderdale, Fla., operates as an automotive retailer in the United States through its subsidiaries. The company operates through three segments: Domestic, Import, and Premium Luxury. In comparison, Vroom, Inc. (VRM) in New York City operates an e-commerce platform to buy and sell new and used cars. It also offers financing solutions.

As governments worldwide reinstate lockdown and social distancing measures to limit the spread of the highly transmissible COVID-19 omicron variant, people are again starting to

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