March 27 (Reuters) – Trevor Milton, the founder of bankrupt electric and hydrogen-powered truck maker Nikola who was convicted of fraud, has been pardoned by U.S. President Donald Trump, Milton said in a social media post on Thursday. Nikola Corp. v. Milton, No. CV-24-00563-PHX-DJH (D. Ariz. Mar. 26, 2024).
Milton was sentenced to four years in prison in 2023 after a jury found him guilty of lying to investors about the company’s technology. “Today I was issued a full and unconditional pardon by Donald Trump himself. He called me personally to tell me,” Milton said in an Instagram post.