It’s been almost exactly one year since Trevor Milton, the founder of now-bankrupt electric truck startup Nikola, was pardoned by President Trump. Now the Wall Street Journal has published one of the first deep dives into Milton’s new effort: trying to build autonomous planes.
Milton and an “investment group” purchased a downtrodden aviation company called SyberJet Aircraft late last year and he has spent the time since trying to turn the company around. That involves bringing in “dozens” of former Nikola staff, soliciting possible investors from Saudi Arabia, and spending a few hundred thousand dollars on lobbying, according to the report.
Oh this sounds perfectly safe. What could possibly go wrong?
Gonna take a lot more than one billion, son
Also so funny to me that he got out of prison and went ‘i need to get on that AI fad which was blowing up!!’ But he’s going to find that nobody has the confidence to invest in it. I’m picturing a montage of him driving up to billionaire chums’ houses and pitching to them and having the door shut in his face.