Trump pardons Trevor Milton, who was accused of fraud related to bankrupt truck maker Nikola
CNN
President Donald Trump says he pardoned Trevor Milton, the CEO of now-defunct hydrogen and electric truck firm Nikola, in part because he believed Milton was persecuted for supporting Trump’s political ambitions.
President Donald Trump says he pardoned Trevor Milton, the CEO of now-defunct hydrogen and electric truck firm Nikola, in part because he believed Milton was persecuted for supporting Trump’s political ambitions. In October 2022, a New York jury convicted Milton on federal charges of securities fraud and wire fraud. Prosecutors in the US Attorney’s Office in the Southern District of New York had accused Milton of making false and misleading statements about “nearly all aspects of the business” as it pertained to developing electric and hydrogen-powered trucks, as well as defrauding the public through social media and podcast interviews. He was sentenced in 2023 to four years in prison. He had been free on bail as he appealed the conviction. On Thursday evening, Milton posted on X that he’d received a phone call from Trump, who informed him he’d been granted a “full and unconditional pardon.” “This pardon is not just about me—it’s about every American who has been railroaded by the government, and unfortunately, that’s a lot of people,” Milton wrote.
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