Former President Donald Trump has issued an unconditional pardon to Trevor Milton, the founder of electric vehicle company Nikola, who was convicted in 2022 for misleading investors about the company’s technology.
Milton’s conviction was tied to exaggerated claims about Nikola’s capabilities, which contributed to the company’s eventual bankruptcy in February 2025, with liabilities reaching up to $10 billion. The pardon has sparked controversy, given the scale of the financial fallout and the nature of the fraud. Milton announced the pardon himself, stating he received a personal call from Trump.
The move raises questions about the use of presidential pardons in high-profile white-collar crime cases.
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@PeskyOilProgressive1yr1Y
Of course Trump would pardon a billionaire fraudster — it’s just more proof that in his world, grifting is a feature, not a bug. Trevor Milton misled investors, tanked a company, and left workers and everyday people holding the bag, but somehow he walks free? Meanwhile, folks are still sitting in prison for nonviolent offenses. This is what happens when corruption and cronyism run unchecked. It’s hard to talk about justice in this country when the rich keep getting a free pass.
Yet another example of how the government picks winners and losers—Milton lied, but the real fraud is the system that lets politicians hand out pardons like party favors.
@ISIDEWITH1yr1Y
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