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Trump Fully Pardons Fraud-Convicted Nikola Founder Trevor Milton

  • Nikola’s ex-CEO has been fully pardoned by US President Donald Trump.
  • Trevor Milton has also dropped a trailer for a new documentary about Nikola’s troubles.
  • He has long protested his innocence and criticized NY’s 90+% conviction rate.

Update: US President Donald Trump has confirmed that he pardoned Trevor Milton. When asked why he did so, Trump told reporters at the White House, “I think he was exonerated. And then they brought him into New York, he had a rough, rough road, and … he was exonerated. It was a big celebration.”

“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,” Trump continued, according to CNBC. “He supported Trump. He liked Trump. I didn’t know him, but he liked him.”

“They persecuted him, 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,” the President added.

Original story follows below.

In December 2023, Trevor Milton, the founder and former CEO of Nikola, was sentenced to four years in federal prison for engaging in securities and wire fraud. Fast forward to today, and he’s sent out a press release claiming he’s been pardoned by US President Donald Trump. Furthermore, Milton says he’s about to release a documentary that promises to dive deep into the controversies surrounding Nikola.

Trump had criticized hydrogen cars during his 2024 campaign, suggesting the vehicles were prone to exploding. Meanwhile, his advisor and head of the DOGE division, Elon Musk, was locked in an ongoing feud with Trevor Milton, trading barbed insults. A few years ago, Musk tweeted, “Fuel cells = fool sells,” calling the technology “staggeringly dumb” in reference to Nikola’s hydrogen-powered trucks.

Milton, who has been out on bail since his sentencing, has vigorously appealed the court’s decision to lock him up. Originally, he was slapped with a $1 million fine in addition to his prison sentence and three years of supervised release. On top of that, he was ordered to pay Nikola $167.7 million for making false and misleading statements.

Read: Nikola Goes Bankrupt As Startup Once Valued Higher Than Ford Runs Out Of Cash

The entrepreneur has long pleaded his innocence, and in a YouTube documentary to be released soon, he says he will now tell his side of the story.

“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,” Milton said. “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,” he added. “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.”

The documentary, Conviction of Conspiracy: The Trevor Milton Saga, has been directed by British filmmaker Mark Soldinger. A preview for the film claims it will be “pulling back the curtain on the media firestorm, legal maneuvers, and unseen dynamics that shaped the outcome” of the case.

The film appears to have been produced by Milton himself, and a trailer was shared to his personal YouTube channel. Whether or not it will show an accurate representation of what happened remains to be seen, but it will be interesting to see behind the scenes of Nikola’s struggles.

Today I was issued a full and unconditional pardon by @realDonaldTrump himself. He called me personally to tell me.

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… pic.twitter.com/qpT0jjI6Fy

— Trevor Milton (@nikolatrevor) March 28, 2025
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