Trump Grants Pardon to Nikola Founder Trevor Milton Amid Fraud Controversy
President Donald Trump has pardoned Trevor Milton, the disgraced founder of electric truck startup Nikola, whose 2023 fraud conviction led to a four-year prison sentence. The White House confirmed the decision on Friday, which could nullify hundreds of millions in restitution owed to investors Milton deceived by overstating his company’s technological capabilities. Milton, 42, and his spouse contributed over $1.8 million to Trump’s 2020 reelection efforts shortly before the November election, per Federal Election Commission records. Prosecutors revealed during his trial that Nikola’s promotional video—purportedly showing a functional prototype truck—actually depicted a non-operational vehicle rolling down a hill. Though sentenced, Milton remained free pending an appeal. On social media, Milton expressed gratitude, stating, “I am deeply thankful to President Trump for his bravery in defending justice and granting me this exoneration.” Trump, when questioned about the pardon, cited strong recommendations […]
