Earlier this year, Nikola has filed for bankruptcy in the United States
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by Brad Anderson
9 hours ago
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- The ex-CEO of Nikola was completely forgiven by American president Donald Trump.
- Trevor Milton also dropped a trailer from a new documentary on Nikola’s problems.
- He has long protested his innocence and criticized the 90% sentence rate in NY.
Update: President Donald Trump confirmed that he had forgiven Trevor Milton. When asked why he did, Trump told journalists in the White House, “I think he was exempt. And then they brought him to New York, he had an accident and accidental road and … he was exempt. It was a great celebration. “
“They say that what was wrong with was that he was one of the first people who supported a gentleman named Donald Trump to the presidency,” said Trump, said CNBC. “He supported Trump. He loved Trump. I didn’t know him, but he loved 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 is a good person,” added the president.
The 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 participating in titles and fraud by wire. Quick advance until today, and he sent a press release saying that he was pardoned by US President Donald Trump. In addition, Milton says that he is about to publish a documentary that promises to deeply dive into the controversies surrounding Nikola.
Trump had criticized hydrogen cars during his campaign in 2024, suggesting that vehicles were subject to exploding. Meanwhile, his advisor and chief of the Doge division, Elon Musk, was locked in a quarrel in progress with Trevor Milton, exchanging insults. A few years ago, Musk tweeted: “Fuel batteries = Fool sell”, calling “amazing” technology in reference to Nikola hydrogen trucks.
Milton, who has been on bail since his conviction, vigorously appealed the court’s decision to lock him up. Originally, he was slapped by a fine of $ 1 million in addition to his prison sentence and three years of supervised release. In addition to that, he was ordered to pay $ 167.7 million in Nikola for having made false and misleading statements.
Read: Nikola goes bankrupt because the startups are once more valued than Ford lacks money
The entrepreneur has long pleaded his innocence, and in a YouTube documentary which will be published soon, he says that he will now tell his side of history.
“This forgiveness is not just me – it is all the Americans who have been closed by the government, and unfortunately it is a lot of people,” said Milton. “It is not surprising that confidence and confidence in the Ministry of Justice have not been eroded. I hope that the judges stop believing that prosecutors feed them so that Americans can once again trust the justice system. Until this happens, our judicial system will continue to erode until nothing left. ”
“The rate of conviction of more than 90% in New York is appalling and is the result of prosecutors who get what they want and put innocent in prison,” he added. “I saw the tactics they use in first hand to make these guaranteed convictions. I am incredibly grateful to President Trump for his courage to defend what is right and to give me this sacred forgiveness of innocence. ”
The documentary, Conviction of conspiracy: the saga Trevor Miltonwas produced by British filmmaker Mark Solddinger. An overview of the film claims that it “will draw the curtain on the media fire storm, the legal maneuvers and the invisible dynamics that shaped the result” of the case.
The film seems to have been produced by Milton himself, and a trailer was shared with his personal YouTube channel. Whether or not it will show a precise representation of what has happened remains to be seen, but it will be interesting to see behind the scenes of Nikola’s difficulties.
