Trevor Milton's Pardon and Nikola's Bankruptcy
Nikola founder Trevor Milton claimed to have received a full pardon from President Trump after being convicted of exaggerating claims about his electric vehicle company. Nikola filed for bankruptcy and now plans to continue limited operations. Milton's future involvement in the EV industry remains uncertain.
Key Points
- Trevor Milton claims innocence after being convicted of misleading investors.
- Nikola filed for bankruptcy and plans to continue limited operations.
- Milton's future plans in the EV industry remain unknown.
Pros
- Trevor Milton claims to have received a full pardon from President Trump.
Cons
- Milton was previously convicted of exaggerating claims about his electric vehicle company, leading to investor losses.
- Nikola filed for Chapter 11 bankruptcy protection.