Trump Pardons One of the Car Industry’s Biggest Scammers—Just in Time
Donald Trump has decided to save Nikola founder Trevor Milton.

President Trump on Thursday pardoned Trevor Milton, the founder of the bankrupt electric truck company Nikola who was sentenced to four years in prison for securities and wire fraud charges in 2023—right before he had to pay millions in restitution.
Milton famously exaggerated the green tech of his hydrogen trucking start-up, defrauding investors.
“Oh my gosh, oh, you won’t believe just what happened,” Milton said in a video he posted on Instagram. “I just got a call from the president of the United States, on my phone, and he signed my full and unconditional pardon of innocence. I am free,” he said. “The prosecutors can no longer hurt me,” he said. “They can’t destroy my family, they can’t rip everything away from me, they can’t ruin my life.”
When Milton was first indicted in 2021, the Manhattan U.S. Attorney’s Office noted that his investors “suffered tens and even hundreds of thousands of dollars in losses, including, in certain cases, the loss of their retirement savings or funds that they had borrowed to invest in Nikola.”
This pardon conveniently nullifies the $680 million Milton owed to Nikola shareholders and the $15.2 million to Peter Hicks, one of his wire fraud victims.
Milton emphasized what he saw as “striking similarities” between his case and the four criminal cases against President Donald Trump, who also maintains his victimhood. Milton has been an ardent supporter of Trump and donated $920,000 to the Trump 47 Committee and $750,000 in September to Robert F. Kennedy Jr.’s MAHA Alliance political action committee after his sentencing.