President Trump’s intervention came while Mr. Milton was appealing his conviction on securities and wire fraud charges.

Trevor Milton, the founder of bankrupt electric and hydrogen-powered truck maker Nikola who was convicted of fraud, has been pardoned by U.S. President Donald Trump, Milton said in a social media post on Thursday.

The founder of Phoenix-based truckmaker Nikola Corp. was pardoned by President Trump this week after serving about a year in prison for securities fraud.