It’s never a pleasant concept to talk about extracting value from betting against publicly traded companies. However, given the enormous challenges facing EV manufacturer Mullen Automotive (NASDAQ:MULN), the risk-reward profile may no longer favor the bulls. Suffering from cash burn and lost confidence, the enterprise appears to be flirting with inevitability. As a result, I am bearish on MULN stock.
MULN Stock Suffers Cash Burn and Trust Issues
Fundamentally, the…
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