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Nikola Founder Denies Connection Between $2 Million in Political Donations and Trump Pardon

In a statement issued today, Milton, who was convicted on charges of fraud related to Nikola's deceptive advertising practices, rejected claims that his significant donations played a role in influencing Trump’s decision to grant him a pardon.

Sara Jones by Sara Jones
April 2, 2025
in Markets, News
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Nikola Founder Denies Connection Between $2 Million in Political Donations and Trump Pardon

PHOTO CREDITS : Arab News

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Trevor Milton, the founder of electric truck company Nikola, has denied any connection between nearly $2 million in political donations he and his wife made to President Donald Trump and his subsequent pardon, calling the contributions a “completely separate matter.”

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In a statement issued today, Milton, who was convicted on charges of fraud related to Nikola’s deceptive advertising practices, rejected claims that his significant donations played a role in influencing Trump’s decision to grant him a pardon. Milton’s pardon was issued just before the end of Trump’s presidency, and it has since become a topic of scrutiny in light of the sizable financial contributions that Milton and his wife made to Trump’s political action committees (PACs) and re-election campaign.

The Donations and Pardon

Public records show that Milton and his wife, as well as other key figures connected to Nikola, collectively donated approximately $2 million to Trump’s campaign committees over the past several years, making them among his largest individual donors. The bulk of the donations occurred during the 2020 election cycle, leading many to question whether there was a direct link between these contributions and the president’s decision to grant Milton a pardon.

Trump pardons Nikola founder Trevor Milton in securities fraud case – NBC  Connecticut

Milton, however, strongly rejected any such suggestions, saying in his statement: “The donations my wife and I made to President Trump’s campaign were based on our political beliefs and support for his policies. There was absolutely no expectation or request for a pardon, and I categorically deny any suggestion that my donations influenced his decision in any way.”

Controversial Pardon

The pardon granted to Milton in January 2021 came just days before Trump left office. The timing raised eyebrows, as Milton had been facing criminal charges for allegedly misleading investors by making false claims about Nikola’s technology and business prospects. He was accused of inflating the company’s value and deceiving investors with exaggerated statements about its products, which led to a dramatic decline in Nikola’s stock price after the fraud allegations were made public in 2020.

Milton’s pardon was seen by some as a controversial decision, given the serious nature of the charges against him. Critics of the pardon have expressed concerns over the use of pardons for individuals who are politically connected or who have made significant financial contributions to politicians.

Public Reaction and Legal Scrutiny

In the wake of the pardon, there has been widespread public debate over the ethics of political donations and the potential for quid pro quo arrangements between wealthy donors and political figures. While no evidence has surfaced to directly connect Milton’s donations to the pardon decision, the situation has added to the growing scrutiny surrounding the intersection of money and politics in the United States.

Legal experts have pointed out that while there is no direct evidence that the donations influenced the pardon, the situation raises questions about the transparency and accountability of the pardon process. “The use of political donations to secure favorable treatment is a gray area that often leads to public distrust,” said Lisa White, a former federal prosecutor. “While no laws were necessarily broken, the optics of this situation are troubling.”

Milton’s Defense

Milton has also faced questions about his role in Nikola’s rise and fall, as well as his public image following the fraud allegations. However, he continues to stand by his company’s vision and the potential of electric trucks. Despite the legal challenges, he has maintained that Nikola’s technology holds promise for revolutionizing the transportation industry.

Former Nikola CEO Trevor Milton receives Trump pardon after securities  fraud conviction - FreightWaves

“I am proud of the work we did at Nikola, and I am committed to ensuring that the company continues to innovate,” Milton said in his statement. “While the legal situation was unfortunate, I remain passionate about the future of clean energy and electric vehicles.”

Conclusion

As the controversy surrounding Trevor Milton’s pardon and political donations continues to unfold, questions about the integrity of the political donation process, the use of pardons, and the relationship between money and politics remain at the forefront. While Milton firmly denies any connection between his donations and the pardon, the situation is likely to prompt further investigation and debate in the coming months.

Tags: calling the contributions a “completely separate matter.Nikola FounderPresident Donald TrumpPresident Donald Trump newstech newstechstorythe founder of electric truck company NikolaTrevor Milton
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Sara Jones

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