Trevor Milton, the founder and former CEO of Nikola Motors, received a full and unconditional pardon from President Donald Trump after being sentenced to prison in 2023 for defrauding investors. In an Instagram video, Milton expressed gratitude and stated that Trump called him personally to deliver the news. While Nikola Motors once had significant market valuation, it ultimately filed for Chapter 11 bankruptcy following Milton's departure amid accusations of exaggerated vehicle capabilities. The legal and financial aftermath of Milton's conviction is now uncertain due to this presidential pardon.
Milton said in a video posted on Instagram on Thursday that Trump had personally called him to tell him he would receive a "full and unconditional" pardon.
Milton, who praised the president in the video announcing the pardon, made a series of political donations to Republicans late last year.
Collection
[
|
...
]