The trial of Nikola Corp. founder Trevor Milton concluded Thursday after closing arguments in which prosecutors called the former executive a con man and the entrepreneur’s lawyer said he didn’t intend to deceive anyone about the electric-truck company’s technology.
The jury, which is expected to begin deliberations Friday after receiving legal instructions from the judge, is set to weigh whether to convict Mr. Milton of two securities-fraud charges and two wire-fraud charges. If convicted, Mr. Milton faces up to 25 years in prison on the top count.