Mullen Automotive controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Executive compensation controversy
Mullen faced scrutiny over David Michery’s reported $750,000 base salary and performance awards described as exceeding $40 million through September 2023, despite the company remaining unprofitable. The issue was discussed publicly during a television interview and in subsequent company communications.
2023
Naked-short-selling allegations
Mullen and its leadership alleged that illegal naked short selling had harmed the company’s stock and brought a lawsuit naming TD Ameritrade, Charles Schwab, and National Financial Services. Charles Schwab denied the allegations. The supplied material does not establish the final legal outcome.
2022
Research criticism of imported vehicles and revenue practices
Fuzzy Panda Research described Mullen as an electric-vehicle company passing off Chinese imports as American-made and alleged that certain products generated questionable revenue treatment. Hindenburg Research separately characterized Mullen as one of the more problematic EV promotions in the market. These were research-firm allegations and should not be treated as judicial findings.