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You are at:Home»Business»President Trump forgives the founder of Nikola Trevor Milton
Business

President Trump forgives the founder of Nikola Trevor Milton

March 29, 2025003 Mins Read
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The founder of Nikola had been found guilty of wire fraud and securities fraud.

The founder of Nikola, Trevor Milton, announced Thursday on social networks that he had been fully forgiven by the president Donald Trump.

“Today, I was delivered a complete and unconditional forgiveness by @REALDONALDTRUMP himself. He called me personally to tell me,” noted Milton.

THE Associated Press reported that the White House had confirmed on Friday that the president had pardoned Milton.

Fox News Digital contacted the White House on Friday but did not receive an answer in publication.

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Trevor Milton

Trevor Milton, founder of Nikola Corp., arrives at the court in New York, Monday December 18, 2023 (Yuki Iwamura / Bloomberg via Getty Images)

“This forgiveness does not only concern me – it is all the Americans who have been closed by the government, and unfortunately, it is many people. It is not surprising that confidence and confidence in the Ministry of Justice have not been eroded to anything … I saw the tactics they use in the first hand to guarantee convictions. Following.

Milton and his wife gave more than $ 1.8 million to a Trump re -election fund less than a month before the 2024 elections, the Federal Electoral Commission reported.

Nikola manufactures hydrogen-electric and Battery electric semi-patchBut Milton has not been part of the company for years. In 2020, the company announced that Milton was withdrawing from the board of directors.

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President Donald Trump

President Donald Trump speaks in the oval office of the White House in Washington, DC, Wednesday, March 26, 2025. (Francis Chung / Politico / Bloomberg via Getty Images)

“In October 2022, Milton was found guilty by a jury of securities fraud and wire fraud as part of his fraud and investor inductor program on the development of products and technologies by Nikola,” noted the Ministry of Justice in a press release from December 2023.

Another press release in December 2023 noted that Milton had been sentenced to four years in prison. Although the AP noted that he had not been locked up, waiting for a call.

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Nikola truck

An electric heavy truck Nikola Tre on the Iveco test track at the Nikola Corp.-Iteco Spa electric truck plant in Germany, Wednesday September 15, 2021. (Andreas Gebert / Bloomberg via Getty Images)

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The company made a bankruptcy last month.

“Nikola Corporation (NASDAQ: NKLA), a world leader in transport and infrastructure solutions on zero-emission transport and energies, via the HYLA brand, announced today that the company and some of its subsidiaries have deposited voluntary petitions within the framework of chapter 11 of the bankruptcy code of the United States for the District of Delaware,” said a number of February. “Nikola also filed a request by asking for an authorization to continue an auction and sales auction process under article 363 of the American bankruptcy code.”

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