If profit-focused, JP Morgan had not backed out of his financing commitments for Tesla’s vision of “free” power for all, the world would no doubt be much further ahead in sustainable, clean energy production today. Or did Tesla himself quash his own project? If it had proceeded, think the US would still be investing life and limb to control oil interests in the Middle East?
Nikola Tesla (10 July 1856 7 January 1943) was an inventor and a mechanical and electrical engineer. He is frequently cited as one of the most important contributors to the birth of commercial electricity and is best known for his many revolutionary developments in the field of electromagnetism in the late 19th and early 20th centuries. Tesla’s patents and theoretical work formed the basis of modern alternating current (AC) electric power systems, including the polyphase system of electrical distribution and the AC motor, with which he helped usher in the Second Industrial Revolution.