Key insights
- Trevor Milton, founder of Nikola, received a pardon from Trump after being convicted of fraud. Milton and his wife donated $3.2 million to Trump and related political groups. This raises concerns about ethical considerations and potential investment risks associated with any new ventures Milton undertakes, potentially impacting investor confidence in related sectors.
Would you invest in Trevor Milton’s new company after convicted and jailed for fraud in Nikola and pardoned by Trump with $3.2 million donation….??
“Milton and his wife had also donated at least $3.2 million to Trump’s 2024 election and to political groups and people in Trump’s orbit, including Health Secretary Robert F. Kennedy Jr. Milton said the donations weren’t related to his pardon. Milton had styled himself as a political victim of the Biden administration, and Trump agreed.“