Trump Pardons Nikola Founder Trevor Milton, Short Seller Jim Chanos Reacts: 'Please Tell Me This Is A Hoax'
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 28 2025
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Source: Benzinga
Pardon of Trevor Milton: Former Nikola Corp. founder Trevor Milton received a full pardon from former President Donald Trump after being convicted of fraud in 2022 for misleading investors about the company's technology and capabilities.
Reactions and Future Plans: Short seller Jim Chanos expressed disbelief at the pardon, while Milton plans to release a documentary addressing his legal battle, claiming the case against him was flawed and highlighting issues with the justice system.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
