According to The Kobeissi Letter, President Trump has granted a full and unconditional pardon to Trevor Milton, the former CEO of Nikola Motors. This follows Milton's October 2022 conviction for securities fraud and wire fraud. Traders should note potential impacts on Nikola Motor's stock performance and investor sentiment, as this development might influence market perceptions of company leadership and corporate governance.

According to The Kobeissi Letter, President Trump has granted a full and unconditional pardon to Trevor Milton, the former CEO of Nikola Motors, who was previously convicted of securities and wire fraud. This pardon could influence Nikola's stock as investors reassess the company's leadership history and potential future governance. The pardon may lead to short-term volatility as traders react to the news of Milton's legal exoneration, potentially affecting market sentiment around Nikola's stock.