Nuked 
Hello, tech enthusiasts! Buckle up because we are diving into a story that shifts the gears of legal debates and corporate dynamics.
Trevor Milton, the visionary behind the once-promising hydrogen trucking startup Nikola, has recently found himself in the spotlight once again. After being convicted of fraud, he has been pardoned by none other than President Trump.
This unexpected turn of events came after Milton’s conviction in October 2022 for securities fraud and wire fraud linked to misleading claims he made to investors about his company’s progress.
Milton received a four-year prison sentence in December 2023 but was out on a hefty $100 million bond pending his appeal. His pardon arrives shortly after Nikola filed for Chapter 11 bankruptcy, indicating turbulent waters for the company.
Expressing his discontent with the justice system, Milton remarked on the erosion of trust in judicial processes. He is already planning a documentary to share his side of the Nikola narrative, aiming to change the public perception about him and his company.
Founded in 2014, Nikola surged into the public eye in 2020, especially with General Motors investing significantly in the firm. However, turmoil followed shortly after, driven by serious allegations of fraud unveiled by Hindenburg Research.
Now, as a free man, Milton’s next steps could redefine the future of Nikola, a company that has struggled under the weight of its controversies. The world will be watching closely to see how this chapter unfolds.
