President Trump pardons Nikola founder Trevor Milton
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On Thursday, the founder of Nicolas Trevor Milton announced social media that he was completely reluctant to President Donald Trump.
“Today a complete and unconditional amnesty has been released by Realdonaldtrump himself. He personally called me to tell me,” Milton pointed out.
The Associated Press reported that the White House confirmed on Friday that the president had pardoned Milton.
Fox News Digital communicated to the White House on Friday, but it did not receive a response by publishing time.
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Trefor Milton, founder of Nicolas, arrives at the court in New York, on Monday, December 18, 2023 (Yuki Iwamura/Bloomberg via Getty Images)
“This pardon is not only about me – it relates to every American that has been subjected to railways, and unfortunately, this is many people. It is no wonder that confidence and confidence in the Ministry of Justice has eroded anything … I have seen closely the tactics they use to ensure condemnation. Continue.
Milton and his wife gave more than $ 1.8 million to the Trump re - campaign fund less than a month before the 2024 elections, the Associated Press reported, referring to the Federal Electoral Committee.
Nicolas manufactures semi -electric companies for hydrogen and batteries, but Milton was not with the company for years. In 2020, the company announced that Milton was stepped down from the Board of Directors.
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President Donald Trump is speaking at the White House in Washington, DC, on Wednesday, March 26, 2025. (Francis Chung/Politico/Bloomberg via Getty Pictures)
“In October 2022, Milton was condemned by a jury of securities and wire fraud regarding his plan to defraud investors and mislead them on developing products and technology by Nicolas,” the Ministry of Justice said in a press statement in December 2023.
Another press release in December 2023 indicated that Milton was sentenced to four years in prison. Although AP noted that he was not imprisoned, waiting for an appeal.
“The company expects more than the production of dual vehicles this year.
A highly durable truck in the Nicola Tree battery on the IVECO test in Nikola Corp.-VECO SPA COINTER VENTERE COINTER TRUCK Plant in ULM, Germany, on Wednesday, September 15, 2021. (Andreas Gebel/Bloomberg via Getty Images)
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The company released a bankruptcy announcement last month.
“Nikola Corporation (NASDAQ: NKLA), the global leading company in the field of transportation, energy supplies and infrastructure, through Hyla Brand, announced today that the company and some of its subsidiaries have submitted voluntary petitions under Chapter 11 of the bankruptcy in the US Banking Court in the United States for the Dilawan State region.” Under Article 363 of the American Banking Law.
2025-03-28 18:02:00
