Tesla's lack of business savvy and inability to commercialize led to his obscurity

When Tesla died in 1943, the FBI seized his property for national security

Although Nikola Tesla had become increasingly eccentric in his later years, the US government wanted to ensure plans for a possible secret weapon didn’t fall into enemy hands during World War II.

Nikola Tesla embraced showmanship when promoting ideas ahead of their time

He once electrified himself during a live demonstration to illustrate the safety and power of alternating current, and his presentations often featured arcing coils, glowing lights, and bold claims about a future of wireless power.

Nikola Tesla's biggest dream was a worldwide network of wireless power transmission

He built the Wardenclyffe lab and a massive prototype transmission tower to develop trans-Atlantic transmission, but it was never operational. The concept was based on incorrect assumptions about Earth's conductivity, but it inspired subsequent efforts for wireless systems.

Guglielmo Marconi overshadowed Nikola Tesla through commercialization

Despite Tesla envisioning wireless power and communication earlier, Marconi developed practical implementations of wireless communication, including transmitting the first transatlantic radio signal. The technology, which facilitated telegraphy critical for warships and navies, earned Marconi the 1909 Nobel Prize in physics.

Despite promoting alternative current, Nikola Tesla did not invent it

The technology was developed by Hippolyte Pixii in 1832, almost 25 years before Tesla was born. Other myths about Tesla include that he invented the transformer, radio, and the induction coil, which was invented by Nicholas Callan in 1836.

Nikola Tesla's original laboratory was recognized as a historical site in 2018

Beginning in 1901, the Wardenclyffe Tower was built on Long Island, New York to transmit electrical power through Earth's atmosphere. The project was abandoned before becoming operational due to limited funding, and was demolished for scrap in 1917 to help pay off Tesla's debts.

George Westinghouse purchased Tesla's AC technology patents for $60,000

The seven patents in alternating current motors and power transmission formed the basis for a system of technologies including generators, transformers, and lighting. Nikola Tesla spent half the funds on a new laboratory to develop new inventions.

Tesla's first successful AC prototype used a metal shoe polish tin for a rotor

After leaving his position working with Thomas Edison, Tesla partnered with George Westinghouse to promote alternating current systems as a more viable, scalable solution to electricity transmission.

Nikola Tesla was born in modern-day Croatia and moved to the US in 1884

His interest in electricity came from his mother, who invented small household appliances during Tesla's upbringing. Upon arriving in America, he began working for and improving upon the electrical inventions made in Thomas Edison's lab.

Tesla's alternating current power's most of the world's electric grids

In 1879, Thomas Edison’s light bulb relied on direct current, but such currents can't efficiently transmit power over long distances. Nikola Tesla introduced alternating current, which feature far fewer energy loses. Despite Edison’s attempts to discredit AC, Tesla proved its efficiency by lighting the 1893 Chicago World’s Fair.

Tesla open-sourced all its patents to speed up industry adoption of electric vehicles

The company employed a disruptive strategy to transform the transportation market, but early struggles, including leadership shifts and near bankruptcy in 2008, threatened its efforts to bring electric vehicles to the mainstream.

Named after Nikola Tesla, who pioneered alternating current power systems, the Tesla coil was the first device to wirelessly transmit electricity.

No proof of Nikola Tesla developing a working 'death ray' exists

He described his "teleforce" weapon as generating beams of concentrated particles that could destroy targets from 250 miles away with unparalleled precision. Analysis of Tesla's papers on the subject by an expert after his death revealed the work to be mostly speculative.

J.P. Morgan provided Nikola Tesla with funding for the Wardenclyffe Tower

The structure was part of a project to transmit electricity and communication signals wirelessly across the globe. Shortly after construction began, Guglielmo Marconi beat Tesla to the punch and transmitted a trans-Atlantic signal, preventing Tesla from getting additional funding to finish his project.

A pair of engineers began Tesla to prove the viability of electric vehicles

Martin Eberhard and Marc Tarpenning sought to design a high-end electric sports car for environmentally motivated, affluent buyers. The Tesla Roadster would be the first highway-legal car to use lithium-ion batteries.

Read about the nine depictions of Nikola Tesla in media through 2020

Portrayals include comedic takes, like John C. Reilly's performance in Comedy Central's "Drunk History" series, and more serious interpretations, like Nicholas Hoult's performance in Alfonso Gomez-Rejon’s historical drama, "The Current War."

In 1898, Nikola Tesla wowed a crowd by controlling a boat with no visible connection

Some onlookers thought it was a trick, such a a monkey being inside the boat, rather than mind control or some other metaphysical phenomenon. In reality, Tesla was pioneering radio waves, proving wireless control was possible.

Niagara power helped electrify early New York City

Tesla's AC system at Niagara Falls was so successful that electricity generated there lit up Broadway theaters and powered NYC's subway system in the early 1900s.

Thomas Edison publicly executed animals with AC to convince the public of its dangers

J.P. Morgan first backed Thomas Edison's direct current system, seeing electricity's potential to usurp John D. Rockefeller's kerosene empire. Despite the investments and smear campaign against alternating current, alternating current ultimately won public support after lighting the 1893 World's Fair, after which Morgan would fund Tesla's wireless transmission tower.

The disputed inventor of the radio

Guglielmo Marconi was awarded the 1909 Nobel Prize in physics for inventing the wireless telegraph, which used radio waves to transmit Morse code. Nikola Tesla, however, was experimenting with radio waves in the 1890s, though much of his work was destroyed in a 1895 fire.

Elon Musk is known to sleep under his desk during intense periods of work

The tech company founder and CEO has a wide variety of leadership principles he has kept consistent while building multiple different companies, including eschewing middle management and using the "idiot index," a formula he uses to identify manufacturing inefficiencies.

Elon Musk follows a five-step decision-making process when simplifying technology

He begins by determining whether how something has been previously done is—in his words—"dumb," or if a certain feature should even exist, let alone be optimized. This first principles method has helped him develop some of the most valuable companies in the world.

A quote by scientist Nikola Tesla

"The scientific man does not aim at an immediate result ... His duty is to lay the foundation for those who are to come, and point the way."

The world's first AC hydroelectric power plant incorporated Tesla's engineering

Built at Niagara Falls, New York, the plant alternating current electricity was hailed as the future of power generation. Tesla's fascination with Niagara Falls is traced to his seeing a photo of the waterfalls when he was still a child.

Explore a timeline of Tesla through 2025

Initially called Tesla Motors, the company was renamed Tesla Inc. in February 2017. Its Model Y became the world's bestselling EV worldwide by the end of 2023, overtaking the Model 3's title from 2020.

Tesla short sellers benefited from the company's poor performance in 2025

Tesla was widely considered the most-shorted stock until 2024, despite consistent short-seller losses. Between 2016 and 2020, short sellers reportedly lost more than $11B as Tesla's stock price continued climbing. However, long-held short positions began paying out in 2025 as Musk's foray into politics and his eventual feud with President Trump hurt Tesla's stock performance. In 2025, Tesla short sellers made more than $10B.

Elon Musk joined Tesla in 2004, investing $30M and becoming chair

The company went public in 2010, raising $226 million in its IPO just two years after beginning production on its first car. Tesla's first Supercharger stations were launched in 2012 with six locations in California.

One of Henry Ford's early failed business ventures later became Cadillac

Before founding the Ford Motor Company, Henry Ford started two businesses that ultimately failed because he didn't get a product to market quickly enough. The Henry Ford Company pushed Henry Ford out in 1902, only to later reform and be renamed after the founder of Detroit, Antoine de la Mothe Cadillac.

By designing a $35,000 car, Tesla sought to bring EVs into the mainstream

Despite production delays, factory struggles, and skepticism from established carmakers, Tesla reached its goal of making 5,000 Model 3s per week. This achievement marked a turning point, proving that electric vehicles could be scalable to meet increasing demand.

Tesla's production of a high-performance electric vehicle revived the EV industry

The Model 3 shifted public perception by showing that EVs could be fast and desirable, and built at scale. However, at one point, Tesla built an entirely manual production line in a tent outside its main factory to keep up with demand.

Twain was a notoriously bad investor

After becoming a famous writer, Twain invested in railroad stocks, a magnetic telegraph, and a printing press that weighed four tons. Eventually, he founded his own publishing company, which ultimately led to his bankruptcy. “He is, in business,” one lawyer said, “just a big overgrown boy.”

Watch a timeline of the history of electricity, from observations of static electricity in antiquity to the War of the Currents—a rivalry to establish the ideal system for electric grids.

'I have not failed. I've just found 10,000 ways that won't work.'

-Inventor and businessman Thomas Edison (1847-1931)

Read a timeline of all of Elon Musk's business ventures, from the software company Zip2 in the 1990s to Musk's Twitter acquisition.

Learn about the relationship between Thomas Edison and Henry Ford

Despite their 16-year age difference, legendary inventor Thomas Edison and Henry Ford developed a close relationship after meeting at a convention in New York. The two—alongside environmentalist John Burroughs and Harvey Firestone, the founder of Firestone Tire—were known as the "Four Vagabonds" and were famous for their long roadtrips, which were often highly publicized.

Over-the-air updates, pioneered by Tesla, have become the industry standard

Tesla's innovative direct-to-consumer sales model and online ordering system changed car-buying, and the Model S, which had a 200-mile range, forced other automakers to enhance their EV offerings and rethink vehicle design.

'Many of life's failures are people who did not realize how close they were to success when they gave up.'

- Inventor Thomas Edison (1847 - 1931)

BYD overcame Tesla via state backing, cheaper cars, and vertical integration

The one-time battery company eclipsed Tesla in total sales in 2024. The Chinese-backed manufacturer targets low- to mid-tier cars and builds 75% of its components in-house. Its cars typically retail at half the cost of similar Tesla models.

Treating X like a product instead of a public space obscures deeper issues

Public outrage over Elon Musk's Twitter acquisition misses the point that the social platform has long failed to address hate speech, not just under Musk's ownership. Over 150,000 mentions of "leaving Twitter" were recorded over the weekend following Musk's takeover.

Elon Musk's first company was an online business directory called 'Zip2'

Musk started the online alternative to Yellow Pages in 1995 with his younger brother. Musk sold the company for $305M in 1999.

Elon Musk once tried to make himself CEO of artificial intelligence behemoth and ChatGPT creator OpenAI.

Bitcoin's founder has always remained anonymous

A pseudonym used by the person or group of people who created bitcoin—the first decentralized cryptocurrency—the real identity of Satoshi Nakamoto has baffled millions of enthusiasts for years.

Explore a gallery of electric vehicles from before 1920

In 1884, Thomas Parker invented the first practical electric car in London. By the turn of the century, early EVs were seen on the streets of Washington, DC. Automaker promotional materials included photographs of cars on mountain roads and other terrains.

Nearly 40% of American cars were electric in 1899

They were most common in cities, where battery swap stations allowed drivers to "refuel" their vehicles reliably. Innovations in combustion engines caused electric cars to lose ground until environmental policies and advances in battery technology revitalized interest.

California startup Rivian has attracted disillusioned Tesla owners

Some electric vehicle buyers frustrated by Elon Musk's antics have been won over by the adventure-focused company, which has received a $5B investment from the Volkswagen Group to develop crossover and hatchback models with solid-state batteries.

Tesla plans to eliminate the use of rare earth elements in future vehicles

At a 2023 Investor Day event, Elon Musk outlined steps to focus Tesla's efforts on climate action rather than new vehicle models. Musk estimates the transition to carbon-free, sustainable energy will cost $10T.

Ray Bradbury said he was inspired to pursue writing after meeting a magician named Mr. Electrico, but scholars have never been able to confirm the story.

Elon Musk's will to launch: the early days of SpaceX

Radically reducing the cost of rockets and innovating totally new space vehicles originated in the singular force of Elon Musk's vision. In this podcast, Founders creator David Senra shares what he learned reading a book about SpaceX's beginnings, highlighting Musk's audacious refusal to follow industry conventions and promotion of a culture of action and speed. Learn more insights from the founder here.

High fuel prices and fuel shortages revived dormant interest in EVs

Electric vehicles, in the form of motorized carriages, predate the invention of the gas-powered automobile by over 40 years. The latter's affordability made it more popular until technological advances made EVs more viable to consumers in the early 2000s.

Born to a well-off family in South Africa, Elon Musk left for Canada in 1989 before heading to the US

Musk was bullied as a child in South Africa, and even recalled being punched in the face, per a recent Walter Isaacson biography on the entrepreneur.