Who is Trevor Milton, startup founder convicted of fraud, pardoned by Donald Trump: all you need to know

March 29, 2025

, By The Economic Times

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US president data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/panache/panache-people-101/donald-trump/profileshow/79057526.cms”>Donald Trump, known for his cosy relationships with billionaires and entrepreneurs, has pardoned ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/trevor-milton” target=”_blank”>Trevor Milton, founder of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/electric-vehicle” target=”_blank”>electric vehicle startup Nikola, who was convicted of fraud and sentenced to prison in 2024.

When questioned about his decision, Trump simply stated that many people “recommended the move”.

Here’s the essential background.

What happened?

Milton, 42, founded Nikola in 2014, a startup which designs and manufactures EVs, including semi-trucks and pickup trucks. The firm listed on Nasdaq in June 2020.

Shortly after…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Who is Trevor Milton, startup founder convicted of fraud, pardoned by Donald Trump: all you need to know

March 29, 2025

, Published By The Economic Times

US president data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/panache/panache-people-101/donald-trump/profileshow/79057526.cms”>Donald Trump, known for his cosy relationships with billionaires and entrepreneurs, has pardoned ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/trevor-milton” target=”_blank”>Trevor Milton, founder of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/electric-vehicle” target=”_blank”>electric vehicle startup Nikola, who was convicted of fraud and sentenced to prison in 2024.

When questioned about his decision, Trump simply stated that many people “recommended the move”.

Here’s the essential background.

What happened?

Milton, 42, founded Nikola in 2014, a startup which designs and manufactures EVs, including semi-trucks and pickup trucks. The firm listed on Nasdaq in June 2020.

Shortly after…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Infosys terminates more trainees from Mysuru campus; offers alternative career path

Next News

A look at Intel Capital before the 34-year-old firm strikes out on its own

The Economic Times

More like this

Popular

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