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804 Pardoned Nikola Fraudster Is Raising Funds For AI-Powered Planes He Claims Will Reshape Aviation

Slashdot
BeauHD @ Slashdot · 03/19/2026 03:00 EDT

Pardoned Nikola Fraudster Is Raising Funds For AI-Powered Planes He Claims Will Reshape Aviation

Trevor Milton, the pardoned founder of Nikola, is seeking $1 billion for AI-powered autonomous planes through a new venture called SyberJet. The Tech Buzz reports: "Autonomous planes will be 10 times harder than Nikola ever was," Milton told the Wall Street Journal in a rare interview. It's a remarkable admission from someone whose last venture collapsed under the weight of securities fraud charges after he overstated the capabilities of Nikola's electric and hydrogen-powered trucks. Milton was convicted in

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