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trevor milton
News March 28, 2025 0 comments on Nikola Founder Trevor Milton Gets Presidential Pardon, Erasing Fraud Conviction

Nikola Founder Trevor Milton Gets Presidential Pardon, Erasing Fraud Conviction

by Matt Wilson

Trevor Milton, the embattled founder of Nikola Corporation, has received a full and unconditional pardon from U.S. President Donald Trump, wiping away his 2022 conviction for securities and wire fraud. The pardon was first announced […]

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Trevor Milton Nikola Motors
News September 11, 2024 0 comments on Trevor Milton Ordered to Pay Nikola $168 Million After Judge Upholds Fraud Ruling

Trevor Milton Ordered to Pay Nikola $168 Million After Judge Upholds Fraud Ruling

by Matt Wilson

Trevor Milton, the founder and former CEO of Nikola Corporation, has been ordered by a U.S. federal judge to pay the company nearly $168 million. This ruling upholds the decision from a previous arbitration panel, […]

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News October 26, 2023 0 comments on Nikola Founder Trevor Milton Ordered to Pay $165 Million in Damages

Nikola Founder Trevor Milton Ordered to Pay $165 Million in Damages

by Matt Wilson

Nikola Motor’s disgraced founder, Trevor Milton, has been ordered to repay the company $165 million in damages following an arbitration proceeding in New York. In December 2021, Nikola agreed to a settlement with the SEC, […]

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News October 14, 2022 0 comments on Jury finds Nikola founder Trevor Milton guilty of securities and wire fraud

Jury finds Nikola founder Trevor Milton guilty of securities and wire fraud

by Darryn John

The founder and former CEO of Nikola Trevor Milton has been found guilty of securities and wire fraud on Friday. The charges were related to comments he made during his time at the helm of […]

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Trevor Milton Nikola Motors
News June 23, 2022 0 comments on Trevor Milton gets new fraud charge as trial nears

Trevor Milton gets new fraud charge as trial nears

by Darryn John

Nikola founder and former CEO Trevor Milton has been indicted for allegedly defrauding the former owner of the Utah ranch which Milton used as collateral for his $100 million bail. In the indictment filed Wednesday, […]

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Milton
News June 22, 2022 0 comments on Nikola founder Trevor Milton requests evidence related to his lavish lifestyle be blocked in court case

Nikola founder Trevor Milton requests evidence related to his lavish lifestyle be blocked in court case

by Drive Tesla Staff

Nikola founder and former CEO Trevor Milton made a lot of money while at the helm of the electric truck maker, mostly through stock awards that turned him into a billionaire after the company went […]

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Trevor Milton Nikola Motors
News December 22, 2021 0 comments on Nikola settles with US SEC for $125 million

Nikola settles with US SEC for $125 million

by Scott Nordlund

On Tuesday, Nikola settled with the US Securities and Exchange Commission (SEC) over federal security law violations. The company will pay a penalty of $125 million. The SEC noted that Nikola violated the federal securities […]

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News December 17, 2021 0 comments on Nikola founder Trevor Milton seeks to dismiss two counts of his indictment

Nikola founder Trevor Milton seeks to dismiss two counts of his indictment

by Scott Nordlund

Founder of Nikola Corp, Trevor Milton, is hoping a federal judge will throw out two of three indictments accusing him of misleading investors. Milton filed multiple motions to dismiss charges on Wednesday, noting issues about […]

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Trevor Milton Nikola Motors
News November 25, 2021 0 comments on Trevor Milton has cashed out $284 million of Nikola (NKLA) stock since being charged with fraud

Trevor Milton has cashed out $284 million of Nikola (NKLA) stock since being charged with fraud

by Darryn John

Even though he was forced to resign earlier this year, Trevor Milton was able to retain his shares in the company he founded, Nikola Corp. It turns out that was a good deal. Milton has […]

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Milton
News November 16, 2021 0 comments on Trevor Milton loses bid to move or dismiss criminal fraud case

Trevor Milton loses bid to move or dismiss criminal fraud case

by Darryn John

Nikola Motors founder and former CEO Trevor Milton was in a New York court on Monday in an attempt to have his criminal fraud case dismissed. Milton’s legal team was also hoping to have the […]

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