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Trevor Milton is raising funds for a new jet he claims will transform flying

wsj.com

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Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#11

Post by ttubrian »

JoshGG wrote: post #6

Says a lot about whether you can trust the WSJ.

'We Can Trust You Now' is a quote in the story from the subject. The subject himself claims:

“I walk into meetings now, and I’ll get high-fives from the most wealthy people in the world,” he said. “They’re like, ‘Welcome to the club. You can withstand the fire. We can trust you now.’”

The WSJ interviewed him and is reporting information about his past. I think the article portrays him as extremely shady and untrustworthy. Not sure what you could be seeing here to demean the WSJ.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#12

Post by etempleton »

In my experience, people who are compulsive liars or those who are willing to make large or repeated deceptions for personal gain never change. It is as natural to them as breathing. Some of them I am quite convinced believe their lies, but the net result is the same.

I don't know Trevor Milton. I have never met him. Maybe he isn't a compulsive liar but just got in over his head and was trying to make it work. But I know I would never invest in something he is doing.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#13

Post by superxpro12 »

ttubrian wrote: post #11
JoshGG wrote: post #6

Says a lot about whether you can trust the WSJ.

'We Can Trust You Now' is a quote in the story from the subject. The subject himself claims: “I walk into meetings now, and I’ll get high-fives from the most wealthy people in the world,” he said. “They’re like, ‘Welcome to the club. You can withstand the fire. We can trust you now.’” The WSJ interviewed him and is reporting information about his past. I think the article portrays him as extremely shady and untrustwo…

Shades of Goodfellas when Henry did his time and was welcomed back with open arms.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#14

Post by some_random »

Just for once I want "CEO convicted of fraud making their comeback" to come back with some really boring business. Like, I want Elizabeth Holmes to serve out her sentence then come out swinging to raise funds to vertically integrate pallet construction.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#15

Post by close04 »

> Trevor Milton’s conviction for defrauding investors in truck company Nikola was wiped away

Best justice money can buy.

> He’s now raising funds for a new jet he claims will transform flying

With his history building the "truck that can roll unpowered down a hill" I shudder to think just how his jet would transform flying.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#16

Post by boca_honey »

JoshGG wrote: post #6

Says a lot about whether you can trust the WSJ.

Why would you say that? The article was basically a hit piece on the guy. "We can trust you" was a quote from an associate, as you surely remember from when you read the whole article.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#17

Post by hermannj314 »

The President has plenary authority to grant pardons and I imagine a time, in the near future, when questioning any authority of this administration would he deemed an act of treason.

Therefore, I wish only the best of luck to never-committed-a-crime Trevor Milton and to the infallibility of our dear leader in his wise and judicious use of the power he has been given by God and the Constitution.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#18

Post by game_the0ry »

I struggle to understand the psychology of how founders who are clearly incompetent charlatans get second+ chances -- they couldn't do fraud successfully but investors have a faith they could do business successfully. But they still get funding (like adam neumann of wework fame) and full on "narrative tongue baths" by the business media community (like this wsj article on trevor milton).

Why? I struggle to understand the incentives + motivations here.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#19

Post by boca_honey »

NickC25 wrote: post #3

I'm sorry, but anyone Donald Trump has pardoned for fraud should not be trusted at all. It's literally a matter of "game recognizes game". If Donald Trump gets a cut of the fraud, that's all that matters to him.

That's was the article said. I think you understood it incorrectly.

Re: Trevor Milton is raising funds for a new jet he claims will transform flying

#20

Post by crote »

kotaKat wrote: post #5

"Investor documents reviewed by The Wall Street Journal said the goal is for the plane to be the first light jet to focus on artificial-intelligence flight." Oh cool, can't wait for the vibe-coded autopilot to CFIT into the Rockies or dump itself into the ocean that it thought was totally a runway while a completely untrained, inexperienced hot shot with $10 million to blow flies this generation's V-tailed doctor kil…

What is it even supposed to mean?

Airplanes have had autopilot (the genuine kind, not Musk's snake oil) for ages now. Commercial airlines have been using autoland on well-equipped airports for decades. Garmin's fully autonomous emergency autoland has already saved a few Cessna owners' lives. With the ongoing adoption of CPDLC the ATC-to-pilot link is also actively being automated and standardized.

There are no big technical hurdles left to solve! The main thing preventing fully-automated flight from taking off is the industry and regulators (rightfully) being incredibly conservative, and preferring paying pilots over the horrible PR fallout of an incident aboard an automated flight killing hundreds of people. Artificial intelligence isn't going to be of any help here!

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