Founder Of Phoenix-Based Nikola Motor Company Pardoned By President Trump

Founder Of Phoenix-Based Nikola Motor Company Pardoned By President Trump

By Matthew Holloway |

Founder and former CEO of the Phoenix-based Nikola Motor Company, Trevor Milton, was granted a full-unconditional pardon by President Donald Trump on Friday as confirmed by the White House. Milton was prosecuted by the U.S. Attorney’s Office – Southern District of New York (SDNY), the same office which led the infamous pre-election prosecution of the President.

In a press release issued Friday, Milton, who was convicted of fraud and sentenced to four years in prison in December 2023, referenced a vow from Trump during his second inaugural address to “end the political weaponization of the Justice Department.”

Milton said in an Instagram post, “Today I was issued a full and unconditional pardon by Donald Trump himself. He called me personally to tell me.”

He also said in a statement, “This pardon is not just about me—it’s about every American who has been railroaded by the government, and unfortunately, that’s a lot of people.

“It is no wonder why trust and confidence in the Justice Department has eroded to nothing. I wish judges would stop believing whatever the prosecutors feed them so Americans could trust the justice system again. Until that happens, our justice system will continue to erode until there is nothing left.

“The 90+% conviction rate in New York is appalling and is a result of prosecutors getting whatever they want and putting innocent people in prison. I saw firsthand the tactics they use to achieve those guaranteed convictions. I am incredibly grateful to President Trump for his courage in standing up for what is right and for granting me this sacred pardon of innocence.”

Milton also shared the news in a video post to X calling it “the best day I’ve had in five years.”

He said in the video, in part, “It’s pretty hard for me to talk about, but probably the best day I’ve had in five years. 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. The prosecutors can no longer hurt me. They can’t destroy my family. They can’t rip everything away from me. They can’t ruin my life. I get to be with my wife now. I get to be with my family. It is done. It’s over. I am now officially pardoned by the President of the United States 45, 47, an amazing man that cared enough to call me personally to tell me how much of an injustice this all was, done by the same offices that harassed and prosecuted him. And I’m now officially 100% pardoned.”

When questioned on the pardon by reporters at the White House, President Trump replied that the pardon of Milton was “highly recommended, highly recommended by many people,” according to Fox News. The president characterized Milton’s prosecution by the SDNY as politically motivated due to the billionaire’s high profile and early support of Trump’s campaign.

“Again I don’t know him, they say it was very unfair, and they say the thing that he did wrong was he was one of the first people that supported a gentleman named Donald Trump for president.

“He supported Trump. He liked Trump. I didn’t know him, but he liked him. It was in Utah, and they went after him. They went after his family. They went after his businesses, and he was, I believe, exonerated, and then they went after him again, and they brought him this time into Manhattan, and he had nothing to do with Manhattan, and they got him. And I said that’s unfair. There are many people like that. They support Trump, and they went after him.”

He continued, “You don’t realize, this is a vicious group of people that were in this office before us. This is a vicious group. They’re violent. What they would… what they were doing to people, and you could go story after hundreds and even thousands of stories. And they went after this man. And when I heard about it I said, ‘Nope, not gonna happen.’ They persecuted. They destroyed five years of his life. He fought for five years of his life, and he did nothing wrong, and he’s a good person. And basically, I had these fantastic recommendations about him from people that you know very well. All top of the line people. They thought it was a horrible thing. There were… there were many such cases by the way many such cases.”

As reported by Reuters, federal prosecutors alleged that Milton misled Nikola investors claiming that the firm had constructed a truck from the “ground up,” and had developed its own batteries, despite buying them and allegedly misled them about the capabilities of the company’s “Nikola One” EV Semi-truck.

Matthew Holloway is a senior reporter for AZ Free News. Follow him on X for his latest stories, or email tips to Matthew@azfreenews.com.

Founder Of Phoenix-Based Nikola Motor Company Pardoned By President Trump

Nikola Founder Awaits Decisions On Federal Fraud Charges And SEC Lawsuit

By Terri Jo Neff |

Nikola Corp. founder and former chairman Trevor Milton is awaiting a decision in the next few weeks from a federal judge on whether fraud charges filed against Milton in July will be dismissed, or in the alternative, his trial held somewhere other than New York.

The company founded by Milton in 2014 has its corporate offices in Phoenix and its manufacturing plant in the town of Coolidge. Nikola has a combined workforce of nearly 650 focused on the development and production of electric-powered light duty and heavy duty trucks, but the number of jobs is expected to double in the next few years.

Milton, 39, is also expecting a decision in October about whether a parallel federal civil case filed against him by the U.S. Securities and Exchange Commission will be put on hold as requested by the U.S. Attorney’s Office for the District of Southern New York. The DOJ has expressed concern that having both cases running at the same time could prejudice the criminal prosecution.

In a statement released when Milton’s indictment was announced this summer, the company was looking forward.

“We remain committed to our previously announced milestones and timelines and are focused on delivering Nikola Tre battery-electric trucks later this year from the company’s manufacturing facilities,” according to the statement.

Milton resigned last year from all involvement with the company. The 49-page federal grand jury indictment was released by federal prosecutors just weeks after Nikola had a public stock offering which reportedly earned Milton hundreds of millions of dollars, if not even one billion, in stock value.

According to prosecutors, Milton is accused of telling myriad lies to investors, prospective investors, and the public from November 2019 and through September 2020 about Nikola’s research and development progress as well as sales contracts in an effort to increase the share price of the company he founded in 2014.

Milton pleaded not guilty to two counts of securities fraud and one count of wire fraud at his arraignment in New York. He is awaiting trial out of custody after posting a $100 million personal recognizance bond secured by real estate property in Morgan, Utah and in Coatsville, Utah.

Court records show Milton had to surrender any passports or travel visas, as well as any firearms as a condition of his pretrial release.

The securities fraud counts carry maximum penalties of 20 and 25 years in prison, respectively. The wire fraud count carries a maximum penalty of 20 years in prison.

Anyone who believes they are a victim of Milton’s statements may contact the U.S. Attorney’s Office via USANYS.NIKOLAVICTIMS@USDOJ.GOV