March 28, 2025
Trevor Milton, Founder of Nikola, Pardoned by Donald Trump Amidst Bankruptcy and Fraud Allegations
In a surprising decision, former U.S. President Donald Trump has granted a full pardon to Trevor Milton, the founder and former CEO of Nikola Corporation, a company focused on electric and hydrogen-powered trucks. This pardon follows Milton’s 2022 conviction for securities and wire fraud, where he was found guilty of misleading investors about Nikola’s technological capabilities and business progress. Background and Conviction In October 2022, a federal jury convicted Trevor Milton of making false statements about Nikola’s products and technology. Prosecutors demonstrated that Milton exaggerated claims, asserting the company had functional zero-emission truck prototypes and substantial orders, which were later