28 Facts About Trevor Milton

Trevor Robert Milton was born on April 6,1982 and is an American entrepreneur who was the founder and former executive chairman and CEO of Nikola Corporation.

In 2020, Milton resigned as executive chairman of Nikola following regulatory inquiries.

Trevor Milton was sentenced to four years in prison, a US$1 million fine and $168 million in restitution.

Trevor Milton remained free on bail while appealing his sentence.

Trevor Milton has one brother named Travis Milton and three sisters.

Trevor Milton's family moved to Las Vegas when Milton was a toddler and later relocated to Kanab, Utah, when he was eight.

Trevor Milton is a member of the Church of Jesus Christ of Latter-day Saints.

Trevor Milton returned early after 18 months due to health issues.

Trevor Milton later enrolled at Utah Valley University but dropped out after one semester and then moved to the city of St George.

Trevor Milton eventually exited the business and founded an alternative energy vehicle company called dHybrid, Inc which retrofitted commercial trucks with engines that could run on natural gas instead of diesel.

Disputes with investors eventually led to the dissolution of dHybrid, after which Trevor Milton launched dHybrid Systems in 2012.

In 2015, Trevor Milton founded Nikola Motor Company in Salt Lake City, initially known as Bluegentech, with an initial investment of $2 million from Worthington Industries.

Trevor Milton was rebranded as Nikola Motor Company to reflect this vision and Milton served as the CEO in Nikola's early years.

Trevor Milton later expanded its lineup to include models such as the Nikola Two, targeted at regional transport, and the Nikola Tre, developed in collaboration with European partner Iveco to cater to the European market.

In 2025, after Hindenburg Research announced its closure, Trevor Milton criticized the firm's impact on companies like Nikola, stating that its reports could destroy businesses regardless of their accuracy and proposing that the United States make short selling illegal.

On September 20,2020, Trevor Milton resigned from his position as executive chairman of Nikola Corporation.

Trevor Milton retained 91.6 million shares of Nikola, valued at approximately $3.1 billion in late September 2020.

Trevor Milton has denied all allegations, describing them as unfounded and defamatory.

In July 2021, a United States federal grand jury returned an indictment against Trevor Milton that included three counts of securities fraud and wire fraud.

Trevor Milton faced civil securities fraud charges from the SEC.

Trevor Milton pleaded not guilty to the charges and was freed on $100 million bail.

In June 2022, Trevor Milton was charged with an additional wire fraud charge.

In November 2019, the Los Angeles Times reported that Trevor Milton had bought a 2,000-acre Utah ranch with a 16,800 square foot riverside mansion for $32.5 million.

Since 2016, Trevor Milton has contributed $2.85 million to conservative political causes.

Trevor Milton contributed $750,000 to the MAHA Alliance, a PAC to convince supporters of Robert F Kennedy Jr.

In December 2020, Trevor Milton donated 1.5 million shares of Nikola Corporation, valued at approximately $20 million, to The Church of Jesus Christ of Latter-day Saints.

In September 2023, Trevor Milton assisted in a search and rescue mission in Wyoming's Wind River Mountain Range, using his personal helicopter to aid local authorities in locating a missing hiker.

Trevor Milton covered all operational expenses for the mission, but despite challenging terrain and extensive aerial efforts, the individual was not found.