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Trevor Milton, the founder of Nikola, is charged with attempting to sabotage the bankruptcy case

the founder of Nikola

What started as a smooth court hearing on Friday regarding the sale of Nikola Corporation’s key assets to Lucid Motors took a sharp turn toward controversy — all thanks to a late intervention by a familiar figure from Nikola’s past.

The hearing, conducted via Zoom and overseen by Delaware bankruptcy judge Thomas Horan, had been progressing without a hitch. No formal objections had been filed, and Judge Horan gave his verbal approval for the sale without hesitation. That is, until a new voice broke the calm.

A lawyer, representing ISSO LLC — a firm tied to Trevor Milton, Nikola’s embattled founder — spoke up. His client had “concerns” about the auction process, the attorney said, though he clarified they could be addressed later. He emphasized, however, that he didn’t want his client’s current silence to be used against them in future legal proceedings.

This seemingly minor comment cast a long shadow over what should have been a straightforward conclusion. Trevor Milton, recently spared a prison term by a pardon from former President Donald Trump, appears far from finished with Nikola.

Milton’s Ongoing Influence and Legal Entanglements

Trevor Milton has a complicated history with Nikola. After resigning amid fraud allegations, he faced multiple lawsuits and an arbitration award ordering him to pay $168 million to Nikola — a sum that plays a critical role in the company’s ongoing Chapter 11 bankruptcy.

Before filing for bankruptcy, Nikola agreed to settle a class-action lawsuit from shareholders who had accused Milton of making false and misleading statements. That settlement hinged on distributing any proceeds from the arbitration award to affected shareholders.

Milton’s legal maneuvering during the bankruptcy process has not gone unnoticed. His representatives’ attempts to contest the sale or delay proceedings suggest he may be angling to undermine the company’s efforts to stabilize and move forward — potentially impacting that $168 million award.

What Lucid Motors Is Gaining — and What Nikola Still Holds

Despite the courtroom drama, the sale to Lucid Motors was officially approved. Lucid acquired:

  • Nikola’s Coolidge, Arizona factory
  • The Phoenix headquarters lease
  • Key manufacturing equipment
  • Around 300 Nikola employees who will join Lucid’s workforce

However, Nikola is not completely out of the asset business. It retains its inventory of hydrogen-powered trucks and various other equipment, leaving the door open for additional sales to generate much-needed funds.

Nikola’s Legal Team Pushes Back Against Milton

Nikola’s attorney, Joshua Morris, made it clear during the hearing that Milton’s last-minute objections were not only expected but also unwelcome.

“This is a pattern of behavior that we’ve seen over and over,” Morris said, referencing Milton’s history of disruptive tactics.

Morris argued that Milton’s actions appeared to be an effort to sabotage Nikola’s recovery, speculating that Milton might be trying to force a desperation-driven settlement that would devalue the arbitration award he owes.

“We believe these are baseless assertions. When asked for any evidence or specificity, none was provided,” Morris stated. “We ran the sale process openly and involved all parties.”

Ultimately, the hearing concluded without any formal delays, though the unresolved tension between Milton and his former company leaves open the possibility of future legal battles.

A spokesperson for Milton did not immediately respond to requests for comment.

What This Means for Nikola’s Future

The approval of the asset sale to Lucid Motors is a critical milestone for Nikola as it seeks to navigate bankruptcy proceedings and chart a path forward. However, Trevor Milton’s lingering influence and legal maneuvers could continue to complicate efforts to fully stabilize the company.

As Nikola pushes forward, the focus will likely remain on:

  • Successfully liquidating remaining assets
  • Upholding the shareholder settlement linked to Milton’s arbitration award
  • Minimizing disruption from ongoing legal threats

Lucid Motors, meanwhile, gains valuable infrastructure and talent to bolster its own ambitions in the competitive EV market.

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Generative AI has moved from specialist interest to part of daily life — transforming all from entertainment to the workplace. From AI-generated art, deepfakes, and intelligent chatbots capable of talking like humans, AI is now part of modern life. Yet with technology racing ahead, so do fears it will spin out of control.

Now, a new generation of scientists, business leaders, and celebrities are calling for a slowdown on the next frontier: AI superintelligence — a form of artificial intelligence that potentially could surpass human intellectual ability in almost every dimension.

The Pushback: A Global Call to Slow Down AI Development

A collection of public personalities — such as Virgin Group creator Richard Branson, Apple co-founder Steve Wozniak, Prince Harry and Meghan Markle, actor Joseph Gordon-Levitt, and musician will.i.am — signed a new open letter called the “Statement on Superintelligence.”

The warning asks developers and businesses racing towards state-of-the-art AI systems, including OpenAI and Elon Musk’s xAI, to delay the magnitude of massive AI projects until there is a “broad scientific consensus that it will be done safely and controllably” and a “strong public buy-in” to support it.

Notably among them are two of the leading AI researchers, who are also cofounders of modern machine learning. The movement is thus quite heavily weighted.

“We must ensure that AI is serving humanity, and not vice versa,” the letter demands, threatening dire consequences in the event of runaway progress.

What Is AI Superintelligence — and Why Does It Worry Experts?

In order to understand the alarm, defining what AI superintelligence really is, is essential. Superintelligent AI, according to IBM, is a system which not only matches but far exceeds human intelligence — capable of reasoning, learning, and solving problems for itself in every respect, free of human control.

Contrary to current AI systems such as ChatGPT or Gemini, whose boundaries and data sets are defined, superintelligent AI would be continuously learning and evolving, rewriting its own code to increase efficiency and capability. Such recursive enhancement could make it almost impossible to contain.

“A true superintelligence would no longer need human oversight,” said Stuart Russell, an AI researcher at UC Berkeley. “At that point, its goals might diverge from ours — and we’d have no way to stop it.”

The Risks: From Job Losses to Existential Threats

The possible dangers of AI superintelligence go much beyond job automation or misinformation. The threat is mentioned by experts as the possibility of AI systems executing on their own in pursuit of ends that are in conflict with human values or safety.

Some of the highest threats:

Massive Job Displacement – AI already revolutionizes industries, but an entirely automated self-enhancing system could eliminate entire professions, ranging from programmers to creative professionals.

Loss of Human Control – The moment an AI begins to be smarter than the people who create it, it might be beyond control.

Weaponization and Surveillance – AI might be utilized by governments or corporations for total surveillance or robot war.

Existential Risk – In the worst-case scenario, a rogue AI with goals of its own would view humankind as an obstacle — one which scientists describe as a “digital doomsday.”.

Even if these ideas sound like science fiction, specialists argue that rejection of them would be naively dangerous. History has shown that humanity always underestimated the capabilities of its own inventions — from nuclear energy to biotechnology.

Increasing Public Alarm and Demand for Regulation

Public sentiment is shifting rapidly. A 2025 Pew Research Center survey found that 67% of Americans now support greater government regulation of AI, up from 42% two years earlier. The European Union has already legislatively signed the AI Act into law, establishing the globe’s first extensive regulatory framework for artificial intelligence, while U.S. lawmakers are determining how to follow.

Tech giants, however, are still racing ahead. OpenAI, xAI, Google DeepMind, and Anthropic are investing billions in “next-generation” AI models that could approach or surpass human-level reasoning.

“We’re in an AI arms race, and everyone wants to be first — but that could also mean being first to make a catastrophic mistake,” warned Richard Branson in a recent statement.

Is It Already Too Late to Stop?

Until now, actual AI superintelligence is still theoretical, although most experts foresee that it might arise in the next two decades if trends continue. The question is not whether or when it will happen, but whether human civilization will be prepared — morally, technically, and legally — when it does.

“The clock is ticking,” declared Yoshua Bengio. “We still have time to make this technology safe. But not much.”

The Bottom Line: Humanity at a Crossroads

The debate over AI superintelligence is no longer confined to labs or tech circles — it has become a global conversation about the future of humanity itself. As generative AI becomes ubiquitous, the next phase could redefine civilization in ways we’re only beginning to imagine.

Whether the Statement on Superintelligence does indeed result in change is yet to be known. But this much is definite: the world has finally realized that the latest technology human beings have ever come up with has the potential to be the most deadly — unless we can learn how to control it before it controls us.

For half a century, Caterpillar Inc. has been a heavyweight of heavy machinery and industry globally. Renowned for producing some of the world’s hardest-nosed loaders, bulldozers, and tractors, the Illinois company has built a reputation for toughness and reliability. But behind earthmovers and mining equipment, Caterpillar had another profitable business — truck engines that powered some of America’s most iconic long-distance rigs on highways from sea to shining sea.

Engines like the Cat 3406E and C15 became legends of the trucking aspect, being famous for pure torque, longevity, and going a million miles with TLC. But despite popularity, Caterpillar finally closed down its on-highway truck engine manufacturing — something that took many by surprise within the industry.

So, what drove one of the biggest brands in diesel power to walk away from the trucking market it assisted in generating?

Caterpillar’s Truck Engine Heritage Traces Back to 1939

Eight decades of producing truck engines for Caterpillar started in 1939, when the company entered its first foray into this marketplace with the Caterpillar D468, a six-cylinder diesel engine that produced 90 horsepower at 1,800 RPM — humble by today’s standards, but revolutionary at the time.

This initial introduction began the long-term legacy of Caterpillar in the trucking industry. Over the years, the company released a number of other important engines, including the D312, 3408, and the wildly popular 3406E. The latter, introduced in the 1990s, was a driver and fleet operator favorite due to its power, fuel efficiency, and smooth performance.

But with the dawning of the 21st century, the landscape of diesel engines was about to change overnight — and Caterpillar found itself at a crossroads.

The Emissions Challenge That Changed Everything

By the early 2000s, governments around the world — and especially the U.S. — began implementing stricter emissions regulations to reduce emissions of NOx and particulate matter. For engine manufacturers, this meant massive investments in cleaner-burning technology in a bid to meet the 2007 and 2010 EPA standards.

Caterpillar initially responded to the challenge with its Advanced Combustion Emission Reduction Technology (ACERT) technology. This cutting-edge technology utilized a mix of precise fuel injection, advanced air management, and electronic controls to minimize emissions without compromising power.

But even with its greatness, ACERT engines began causing headaches in the real world. Truck operators reported reliability issues, maintenance nightmares, and higher operating costs, all of which smudged Caterpillar’s then-tarnished image in the trucking industry. There were even customers who sued for performance issues, further damaging the brand’s reputation with its top highway customers.

Meanwhile, competitors like Cummins, Detroit Diesel, and PACCAR were adapting faster and better to the new emission regulations. Their engines met emission regulations with fewer problems of reliability — leaving Caterpillar in a more and more vulnerable position.

Too Costly to Compete

Meeting the rapidly evolving emission standards would cost more than technical expertise — it would cost millions of dollars. Caterpillar would have needed to spend a lot on research, redesigning, and testing to keep its engines in compliance and competitive.

For a company whose business is in the construction, mining, and industrial segments, the revenues no longer justified the investment for its trucking operations. Rather than continue investing in a shrinking, regulation-based business, Caterpillar decided to strategically phase out on-highway truck engine production in 2010.

Though Caterpillar’s off-highway engines — those that drove heavy equipment, generators, and marine equipment — were still strong, driving big rigs was no longer in its plans.

The Legacy Lives On

Even though Caterpillar is no longer making on-highway truck engines, its reputation can’t be shaken. Engines like the 3406E and C15 remain legends for their strength and longevity, typically commanding high prices on the used market. Many owner-operators still rebuild and maintain these engines to this day, holding them as symbols of a generation when power and simplicity ruled the road.

In the last couple of years, Caterpillar has exerted enormous efforts in shifting its focus toward sustainable energy solutions like hybrid systems, electrically propelled machinery, and next-generation diesel technologies optimized for reduced emissions in mining and construction purposes.

Although the golden age of Caterpillar truck engines is in the past, the company’s engineering skills and genius continue to shape industries across the globe — ensuring that legends also evolve with the times.

Final Thoughts

Caterpillar’s decision to stop making truck engines wasn’t a decision based on rules alone — it was one based on survival on a strategic level. Compliance expenses, changing market dynamics, and the emergence of cleaner technology all played a role.

Today, with the trucking sector moving toward electrification and alternative fuels, Caterpillar’s pullback appears a visionary move that allowed it to focus on its core strength: building the world’s toughest machines.

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