Good evening - Mullen Automotive (NASDAQ: MULN) recently announced the hiring of 11 more executives for its growing fleet. The hires include new team members for the commercial van and truck segment and the flagship FIVE crossover segment and span all areas of operations. These hires follow John Schwegman and Ronald Dixon who are both former GM executives with world-class experience. Mr. Schwegman was brought on board to lead the commercial sales team, while Mr. Dixon leads sales to government fleets. Seven new hires are in product development, 4 in sales, service and parts, including Matt Gostek as Director of Service and Parts. This means the company is gearing up for the launch of its fleet, which has been indicated for the end of the quarter. Ultimately, what it means is a significant catalyst for the stock price, but there are still hurdles to overcome.
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P.S. Check out our recent video analysis on MULN. Mullen Automotive Stock Price Ready To Explode. |
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