President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.

Trevor Milton, who was sentenced to prison in 2023 for misleading investors about Nikola's trucks, first shared news of his pardon on Instagram.

Nikola Corp. founder Trevor Milton, who was convicted of fraud over misrepresentations about the electric-truck maker’s financial progress, was pardoned by President Donald Trump. Milton, who said on social media Thursday that he spoke with Trump over the phone,